$USDC

USDC Upgrade (June 17, 2025)

Circle has announced a major USDC upgrade focused on improving speed, security, and interoperability.

Key Highlights:

✅ USDC v3 Released

Smart contract upgrade for faster transactions and lower gas fees

Enhanced cross-chain functionality via Cross-Chain Transfer Protocol (CCTP)

🔗 Improved Interoperability

Native USDC now expanding on more L2s: Base, Optimism, zkSync

Easier movement between chains without wrapped tokens

Security Enhancements

New smart contract architecture with audited safety features

📈 Impact:

Strengthens USDC’s position against competitors like USDT and FDUSD

Boost for DeFi, exchanges, and fintech apps.