📈Stablecoin market cap is at its highest since April, hitting $161 billion, says CCData. Despite a slight dip in dominance, this increase indicates a market recovery, thanks to a surprise approval of a spot Ethereum ETF in the U.S. Athena USDe's market cap rose for the fifth month, and Tether (USDT) recorded an all-time high market cap of $111 billion. BlackRock’s tokenized fund token BUIDL surged 19.6%, becoming the largest tokenized treasury fund. Circle’s USDC also saw a six-month rise to $32.6 billion. However, stablecoin trading volumes on centralized exchanges hit a monthly low. Keep calm and crypto on! 💪