Circle has initiated the v2.2 upgrade for its USDC and EURC stablecoins, promising reduced transaction costs, improved security, and seamless integration for EVM blockchain transactions.

Circle, the issuer of USDC and EURC stablecoins, has rolled out a significant v2.2 upgrade for both digital currencies. This advancement, which marks the first major update since early 2021, aims to enhance the functionality and security of these stablecoins on EVM-compatible blockchains.

Key improvements in this upgrade include reduced gas costs, which is a significant step towards making transactions more economical. This is particularly important for users who perform numerous transactions and have been affected by high fees on the blockchain. In addition, the upgrade brings enhanced support for account abstraction, marked progress in simplifying user experiences by allowing for more flexible wallet structures.

Security, a critical concern for all d

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Author: Bralon Hill

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