DigitalOcean's VPC Peering feature is now generally available, offering enhanced networking capabilities for customers. Key updates include VPC-native DOKS cluster creation and trusted source integration for databases, enabling simpler and more secure connectivity. Benefits include private IP communication, multi-region scaling, easy integration with DigitalOcean products, and simplified network management. Pricing for VPC Peering data transfer is competitive, and promotional credits are available for new users.