diff --git a/build/coreum/images.go b/build/coreum/images.go
index 5c1fe145..3ff3e536 100644
--- a/build/coreum/images.go
+++ b/build/coreum/images.go
@@ -66,6 +66,7 @@ func buildCoredDockerImage(ctx context.Context, cfg imageConfig) error {
 func ensureReleasedBinaries(ctx context.Context, deps build.DepsFunc) error {
 	for _, binaryTool := range []tools.Name{
 		tools.CoredV100,
+		tools.CoredV200,
 	} {
 		if err := tools.EnsureBinaries(ctx, binaryTool, tools.PlatformDockerLocal); err != nil {
 			return err
diff --git a/build/tools/tools.go b/build/tools/tools.go
index 21028b8a..12097c0d 100644
--- a/build/tools/tools.go
+++ b/build/tools/tools.go
@@ -35,6 +35,7 @@ const (
 	RelayerCosmos Name = "relayercosmos"
 	Hermes        Name = "hermes"
 	CoredV100     Name = "cored-v1.0.0"
+	CoredV200     Name = "cored-v2.0.0"
 	Protoc        Name = "protoc"
 	ProtocGenDoc  Name = "protoc-gen-doc"
 )
@@ -241,6 +242,25 @@ var tools = map[Name]Tool{
 			},
 		},
 	},
+	CoredV200: {
+		Version: "v2.0.0",
+		Sources: Sources{
+			PlatformDockerAMD64: {
+				URL:  "https://github.com/CoreumFoundation/coreum/releases/download/v2.0.0/cored-linux-amd64",
+				Hash: "sha256:7848022a3a35723ecef02eb835fbf139989aace8d780186018dbcdebdc57d694",
+				Binaries: map[string]string{
+					"bin/cored-v2.0.0": "cored-linux-amd64",
+				},
+			},
+			PlatformDockerARM64: {
+				URL:  "https://github.com/CoreumFoundation/coreum/releases/download/v2.0.0/cored-linux-arm64",
+				Hash: "sha256:8b0df987c13ede90eb79f7c4bdae3d1a503c14aaa2b5f187a84f575bad66b39b",
+				Binaries: map[string]string{
+					"bin/cored-v2.0.0": "cored-linux-arm64",
+				},
+			},
+		},
+	},
 
 	// https://github.com/protocolbuffers/protobuf/releases
 	Protoc: {
diff --git a/infra/apps/cored/cored.go b/infra/apps/cored/cored.go
index ac14dbaf..57a25158 100644
--- a/infra/apps/cored/cored.go
+++ b/infra/apps/cored/cored.go
@@ -359,7 +359,9 @@ func (c Cored) prepare() error {
 
 	// upgrade to binary mapping
 	upgrades := map[string]string{
-		"v2": "cored", // TODO update to next version once the binary is ready
+		// To test upgrade plan v2 for mainnet and v2patch1 for testnet both plans must target the newest binary
+		"v2":       "cored",
+		"v2patch1": "cored", // TODO update to next version once the binary is ready
 	}
 	for upgrade, binary := range upgrades {
 		err := copyFile(filepath.Join(c.config.BinDir, ".cache", "cored", "docker."+runtime.GOARCH, "bin", binary),
diff --git a/pkg/znet/commands.go b/pkg/znet/commands.go
index a3948c2a..3a15351e 100644
--- a/pkg/znet/commands.go
+++ b/pkg/znet/commands.go
@@ -297,7 +297,7 @@ func shellConfig(envName string) (string, string, error) {
 
 func coredVersionToGenesisTemplate(coredVersion string) (string, error) {
 	switch coredVersion {
-	case "":
+	case "", "v2.0.0":
 		return coreumconfig.GenesisV2Template, nil
 	case "v1.0.0":
 		return coreumconfig.GenesisV1Template, nil