$USDC

USDC v2.2 Upgrade Overview

Circle, the issuer of USDC, has completed the rollout of the v2.2 upgrade across Ethereum Virtual Machine (EVM)-compatible blockchains. This upgrade introduces several enhancements:

Reduced Gas Costs: Transaction fees are lowered by over 7%, improving cost-efficiency.

Account Abstraction Support: Facilitates the use of smart contract wallets and enhances wallet interoperability.

Enhanced Security: Improves resilience against blockchain forks and strengthens overall transaction security.

The v2.2 upgrade is fully backward-compatible, requiring no action from existing users.