Circle confirmed that a new v2.2 upgrade to USDC and EURC will add new features and sharpen the existing ones.
What Happened: The new features of the announced upgrade include decreased gas costs, better support for account abstraction, and increased security for transactions on EVM blockchains, as reported by a company statement.
Circle announced its first upgrades to USDC in early 2021.
It includes six new changes to the USDC and EURC smart contracts which will be implemented through a single upgrade for each supported blockchain.
Benzinga's Future Of Digital Assets Event in New York is scheduled on Nov. 14. Attend and learn more about stablecoin issuer, Circle and its developments ...