Circle acquires payment service company Elements

According to Chain Catcher news and reported by The Block, Circle has acquired the payment services company Elements, aiming to provide low-cost seamless payment and settlement services. The terms of the deal were not disclosed. According to previous reports, Circle launched a cross-chain transfer protocol on Wednesday to support the interoperability of USDC. The company also announced a strategic partnership with Robinhood this week, which involves integration with USDC. (Source link)