Circle announced the acquisition of payment services company Elements to lower barriers to entry for payment and financial services and create a more seamless crypto payment experience. The new payment product allows merchants to easily integrate their existing payment service provider relationships with Circle's crypto payment products. Elements co-founders Jamal and Hao Min also demoed Circle's Crypto Payments API (now in beta) with Circle's Chief Product Officer Nikhil Chandhok at the inaugural Converge22 conference, as well as a user interface due to launch in Q4 2022. One-stop checkout SDK for encrypted merchants.