USDC 2.0, a major update to the USD Coin, has been launched by the Centre Consortium, enhancing usability and security while maintaining backward compatibility. This upgrade addresses the challenge of "gas fees" on the Ethereum network by introducing "gasless sends," which allows digital wallet developers to either absorb these fees or deduct them in USDC, simplifying the user experience and potentially increasing mainstream adoption. Additionally, the update introduces on-chain multiple-signature contracts to streamline administrative operations, enhance security, and support the anticipated growth of Centre with more participating members. These improvements are immediately available for developers, and Circle and Coinbase have announced plans to integrate these changes into their services. The new features aim to make USDC more akin to popular mainstream mobile payment apps, offering improved resilience and auditability.