Circle’s USDC v2.2 Upgrade Set to Cut Costs and Boost Security

November 10th, 2023
Circle is enhancing its digital currency offerings, rolling out a significant v2.2 upgrade to its USDC and EURC stablecoins. The update promises reduced gas costs, advanced account abstraction support, and fortified transaction security on EVM chains. Launched initially in 2021, the improvements include six technical adjustments, streamlining operations like transfers and approvals with notable gas savings. The upgrade, already underway since November 9, aims for completion in the coming months, with no action required from users or developers.
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