According to Odaily, the Bitcoin L2 project RIF has announced an upgrade of its stablecoin USDRIF to version V2.0 on platform X. The upgrade is now live on the mainnet. The primary aim of this upgrade is to enhance usability, reduce costs, and increase accessibility to the Bitcoin L2 space and the broader Web3 market.

The upgrade is a significant step forward for the project, as it aims to make the stablecoin more efficient and user-friendly. By reducing costs, the project hopes to attract more users and increase its market presence. Furthermore, the upgrade is expected to expand the reach of the Bitcoin L2 project and the stablecoin in the Web3 market, which is a decentralized internet powered by blockchain technology.

This development is part of the ongoing efforts to improve the functionality and reach of the Bitcoin L2 project and its stablecoin USDRIF. The project continues to focus on enhancing its offerings and making them more accessible to a wider audience in the digital currency market.