Cobo Partners with Interlace to Strengthen Stablecoin Payment Infrastructure Security and Explore the Future of Agentic Payments

Following the enactment of the GENIUS Act in the United States, which established a clearer regulatory framework for stablecoins, the global stablecoin market is entering a new phase of growth. Stablecoin payment adoption, in particular, is accelerating across increasingly diverse commercial use cases, evolving from native on-chain assets into an important part of day-to-day fund flows for cross-border businesses.

At the same time, the rapid rise of AI Agents is introducing new requirements for payment security while creating opportunities for payment infrastructure designed to support an emerging agentic economy powered by stablecoins.

Against this backdrop, Cobo and Interlace, a leading stablecoin infrastructure platform, have entered into a strategic partnership to strengthen the security foundation of global stablecoin payment infrastructure. Interlace will integrate Cobo’s MPC Wallet solution to support the continued global expansion of its stablecoin payment and card issuance businesses, enhancing the security of on-chain asset management, permission controls, and fund operations.

The two companies will also combine their strengths across blockchain security, wallet technology, global stablecoin payments and compliance, and AI applications to explore innovative use cases for Agentic Payment.

Cobo SVP Alex Zuo said:

“Stablecoin payments and Agentic Payment are making wallets increasingly central to the payment stack. Payment platforms need more than secure asset custody — they also require the ability to move funds efficiently within clearly defined operational rules. Interlace has established a strong product foundation across stablecoin payments, virtual cards, and Agent Card infrastructure. Through our MPC Wallet and Agentic Wallet capabilities, Cobo will provide secure, flexible, and scalable wallet infrastructure to support its growth.”

Interlace Founder and CEO Michael Wu said:

“Interlace has always focused on connecting stablecoin payments with real-world business scenarios. As virtual cards, enterprise payments, and Agentic Payment continue to evolve, on-chain asset management will become an increasingly important layer of payment infrastructure. Cobo’s expertise in institutional-grade wallets, MPC technology, and multi-chain asset management will help further strengthen our capabilities in fund security, permission controls, and operational scalability, while laying the groundwork for future collaboration in AI Agent payment scenarios.”

The Foundation of Secure Stablecoin Payments: Infrastructure Maturity

As a stablecoin infrastructure platform, Interlace builds capabilities around stablecoin payments, enterprise digital banking, and enterprise asset management, creating a cross-dimensional fund movement network that helps Web3 projects, trading platforms, AI companies, and cross-border enterprises connect real-world payment systems with on-chain asset networks.

Its role extends beyond simply enabling payments. More importantly, it enables on-chain assets to become usable, spendable, and manageable within real-world commercial payment workflows.

For users, the stablecoin payment experience may appear simple: a top-up, a virtual card, a merchant payment, or an enterprise expense. Behind the scenes, however, the underlying flow of funds is significantly more complex. On-chain deposits, asset consolidation, balance synchronization, payment authorization, merchant settlement, compliance screening, risk monitoring, and exception handling must all operate reliably in high-frequency transaction environments.

As business scales, stablecoin payment systems increasingly become an integral part of enterprise treasury operations and asset management.

This also places higher demands on both payment systems and wallet infrastructure. Payment platforms need more than secure asset storage — they must establish clear permission frameworks and fund management rules across different accounts, user roles, and transaction types.

Cobo’s MPC Wallet reduces the risks associated with single-point private key exposure through Multi-Party Computation (MPC) technology, while enabling institutional clients to configure permissions, approval processes, and transaction policies aligned with operational workflows.

Combined with Interlace’s stablecoin infrastructure, stablecoin assets can move within a more controlled environment, where different business lines, account structures, and fund operations are integrated into a unified payment management and risk control framework.

At the same time, Cobo’s experience in multi-chain and multi-asset payment processing helps payment platforms adapt to stablecoin assets across different blockchain networks while meeting diverse customer requirements.

As Interlace expands its stablecoin payment business across additional markets, customers, and use cases, multi-chain asset orchestration capabilities will become an increasingly important foundation for scale.

Together, the combination of Cobo MPC and Interlace further strengthens the security, operational flexibility, and reliability of stablecoin payments across both infrastructure and application layers, delivering a smoother experience for enterprise users.

Cobo: Institutional-Grade Wallet Infrastructure Built Through Real-World Operations

Institutional wallet infrastructure cannot rely on a single feature to establish long-term value.

Trading platforms prioritize high-frequency deposits and withdrawals, broad asset coverage, and capital efficiency. Payment platforms focus on on-chain top-ups, fund aggregation, permission management, and settlement reliability. Asset managers require asset segregation, approval workflows, and auditability. Web3 applications, meanwhile, seek wallet capabilities that can be embedded flexibly into their own products and user experiences.

Yet, despite these distinct differences, one requirement remains consistent: wallets must support real business operations at scale — not simply function as custodial solutions for isolated use cases.

Since its founding in 2017, Cobo has focused on serving institutional clients by building digital asset custody and wallet infrastructure solutions. Today, Cobo delivers a highly adaptable wallet infrastructure suite engineered to align with a business’s precise stage of growth, tailoring capabilities to shifting asset scales, operational complexities, and security requirements.

For stablecoin payment platforms, this operational flexibility is mission-critical.

In the early stages, platforms may primarily require wallet connectivity and basic asset management. As transaction volume and operational complexity grow, however, more granular permission controls, increasingly sophisticated fund routing, higher levels of automation, and stronger audit capabilities become essential.

By adapting to rising operational complexity, Cobo ensures institutional clients never have to rebuild their wallet architecture as they scale.

Together, Cobo’s mature infrastructure and institutional asset management expertise pair with Interlace’s stablecoin business to guarantee flawless performance in high-volume, demanding environments.

Interlace: Enabling Enterprises to Build Global Financial Ecosystems Connected to On-Chain Assets

As a leading global stablecoin infrastructure platform, Interlace provides stablecoin payment solutions tailored to a wide range of enterprise payment scenarios. Through products including Card-as-a-Service, Infinity Launch, Scan to Pay, and the recently launched Agent Card, Interlace helps businesses build global financial ecosystems that connect traditional financial systems with on-chain payment networks.

Today, Interlace supports businesses across more than 180 countries and regions, serves over 12,000 customers and ecosystem partners worldwide, and has issued more than 7 million cards.

As stablecoins evolve from on-chain assets into everyday payment instruments, long-term commercial sustainability will depend not only on the underlying technology itself, but also on whether stablecoins can integrate meaningfully into real-world payment scenarios and enable seamless connectivity between global fund flows and traditional financial systems.

To support this transition, Interlace has developed capabilities across three core layers:

• global card issuance and payment network capabilities;

• mature account and fund infrastructure; and

• interoperability between traditional finance and on-chain financial systems.

As financial ecosystems continue to evolve, the value of stablecoins extends beyond transaction speed. Increasingly, their importance lies in enabling everyday payments, enterprise treasury management, merchant settlement, and participation in global payment networks.

This also raises the bar for payment infrastructure. Platforms must bridge on-chain stablecoin assets with real-world payment systems while managing top-ups, foreign exchange, settlement, card operations, risk monitoring, compliance requirements, and multi-chain asset movement.

As wallet systems mature, payment platforms become better equipped to support greater operational complexity across customers, markets, and business scenarios.

This forms the practical foundation of the partnership between Interlace and Cobo.

Interlace embeds stablecoin payment capabilities into real-world business scenarios through accounts, card issuance, and QR-code payment experiences, helping bridge on-chain assets with global payment networks. Cobo, meanwhile, provides the underlying capabilities for secure asset management, wallet security, permission controls, and fund governance.

Together, the partnership enables stablecoin payments not only to complete transactions, but to operate reliably, securely, and with greater control in increasingly sophisticated enterprise environments.

Agentic Payment: A New Opportunity for Stablecoin Payments

As AI Agents become increasingly integrated into enterprise workflows, payments are expected to evolve from user-initiated actions to transactions executed autonomously by Agents within predefined authorization boundaries.

For example, Agents may purchase SaaS subscriptions, manage advertising spend, book business travel, procure cloud services, or access computing resources based on enterprise-defined instructions. In these scenarios, the core challenge is no longer whether an Agent can make payments, but how payments can be executed securely, reliably, and within clear operational controls.

Interlace’s Agent Card was designed to address this emerging need.

Built on virtual card infrastructure, Agent Card enables AI Agents to access real-world payment networks. Through the Interlace Agent Card MCP, AI systems such as Claude, ChatGPT, and proprietary Agent frameworks can integrate payment capabilities powered by the Machine Payment Protocol (MPP), with settlement processed through Visa and Mastercard networks.

Users can define payment boundaries based on factors such as transaction timing, spending limits, and merchant categories. Combined with a just-in-time funding mechanism that releases funds only after payment authorization, the system helps reduce long-term balance exposure risk.

Meanwhile, Cobo’s Agentic Wallet (CAW) extends institutional-grade wallet infrastructure into AI Agent environments.

Built around MPC-based Agent wallets, the Pact human-machine authorization framework, and the Recipe skill system, CAW is designed to address permission boundaries and execution security when Agents participate in real financial operations.

Within CAW, Agents are not granted unrestricted authority. Instead, they operate within clearly defined Pacts covering task objectives, execution plans, budget limits, approval requirements, accessible assets, permitted contracts, and task completion conditions.

Agents can execute actions within predefined rules, while the wallet infrastructure continuously verifies whether each step complies with established requirements.

This creates a strong foundation for collaboration between Interlace and Cobo in the Agentic Payment space.

Interlace Agent Card enables AI Agents to connect with real-world payment networks, while Cobo Agentic Wallet provides the underlying controls for permissions, policy enforcement, and auditability of on-chain fund operations.

The partnership around stablecoin payments represents a starting point. Looking ahead, both companies expect to explore broader collaboration across Agent-authorized payments, automated settlement, on-chain treasury management, and risk controls — further advancing the adoption of stablecoin-powered payment infrastructure globally.

About Cobo

Cobo is a trusted digital asset infrastructure company that secures and powers financial operations for organizations and AI agents. Founded in 2017, Cobo has safeguarded billions in client assets with a zero-incident track record. Today, Cobo extends that institutional-grade foundation to the AI agent economy — its Cobo Agentic Wallet is the first MPC-secured wallet purpose-built for AI agents, letting them operate on-chain autonomously within enforceable boundaries humans set.

To learn more, visit: www.cobo.com

About Interlace

Founded in 2019, Interlace is a leading stablecoin infrastructure that bridges on‑chain and off‑chain financial systems — enabling businesses to issue cards, manage balances, and settle funds seamlessly. Trusted by more than 12,000 global businesses, Interlace has issued over 7 million cards and processed more than $15 billion in transaction volume across global payment networks.

Built for Web3 projects, exchanges, neobanks, and cross‑border commerce, Interlace now powers AI agent payments — giving autonomous agents the ability to initiate, authorize, and settle transactions within defined rules.

Operating in strict compliance with global regulations, Interlace holds the highest security certification in the international card payment industry (PCI‑DSS Level‑1) and is licensed in the United States, Canada, and Hong Kong. 

To learn more, visit:  www.interlace.money