Stablecoin issuer Circle has launched v2.2 upgraded versions of USDC and EURC.
According to a company statement, new features for both stablecoins include reduced gas fees, better support for account abstraction, and improved security for transactions on the EVM blockchain. Circle added that the last upgrade to USDC was in early 2021.
Circle wrote in a press statement: “There will be six new changes to the USDC and EURC smart contracts that will be implemented on every supported EVM blockchain through a single v2.2 upgrade. The upgrade is fully backwards compatible and will not Any breaking changes to existing integrations will be introduced and no action will be required from developers or users." (The Block)