Circle updates USDC to version 2.2
USD Coin (USDC) stablecoin issuer Circle has update d its stablecoin to version 2.2. According to a new blog post via Circle, six new changes to the stablecoin smart contract will be implemented in version 2.2 for each supported Ethereum Virtual Machine (EVM) blockchain. “Starting today, we’ll begin a phased rollout of the v2.2 upgrade to USDC and EURC on testnet and mainnet for each supported blockchain, which we plan to complete over the next few months.” Circle The update brings many changes including improved gas efficiency, support for account abstraction and smart contract wallets, and increased currency resilience when dealing with forks. You might also like: Circle launches USDC and EURC faucets to support dev activity Most changes also reduce transaction costs for specific functions. Specifically, the update should improve the performance of the denylist checking feature, which allows Circle to determine which wallets can make transactions a...