USB 3.1 is the most recent version of the USB (Universal Serial Bus) standard for connecting computers and electronic devices. ... USB 3.1 is also known as USB 3.1 Gen 2 (10Gbps). USB 3.0 is capable of data transfer speeds up to 5Gbps. USB 3.0 is also known as USB 3.1 Gen 1 (5Gbps).