Simple "upsampling" is not beneficial on its own. It doesn't create any new information that isn't already there.
The purpose of the use of ASRC (asynchronous sample rate conversion) in the γ2 and many other highly regarded DACs such as the Benchmark DAC1, is not for sample rate conversion per se (even though that's what the end result is). The main benefit of ASRC is jitter elimination. How this works is much more than what I could describe here, but I encourage you to read this thread at diyaudio.com:
Asynchronous Sample Rate ConversionThe secondary benefit of upsampling is that the DAC will now be operating at the higher sampling rate, which moves the action of its anti-alias filters well above the audio band, reducing its ill effects within the band.