$USDC Technical Upgrade of USDC

The technology of USDC continues to evolve. In 2020, Circle and Coinbase upgraded their smart contracts to enhance payment and transaction efficiency. USDC now supports multi-chain operations and optimizes speed and cost on high-performance blockchains like Solana. In 2024, Circle collaborated with BlackRock to manage the reserve fund, further enhancing security. These technological advancements have made USDC not only suitable for transactions but also capable of supporting complex financial applications, promoting its adoption in the digital economy.