According to data from the data platform, the total Circulating Supply of Tether (USDT) has reached 91.8 billion, an increase of 1.6 billion compared to the low of 90.2 billion on May 11. The total Circulating Supply of USDC is currently 28.3 billion, an increase of 900 million from the low of 27.4 billion on May 11.

The market capitalization of USDT has continued to rise since it hit a low of 90.2 billion on May 11, and it currently stands at 91.8 billion, an increase of approximately 1.77%. During the same period, the market capitalization of USDC grew from 27.4 billion to 28.3 billion, with an increase of about 3.28%.

This indicates that, although market sentiment remains cautious, the demand for stablecoins is gradually recovering. USDT and USDC, as the main stablecoins, have seen an increase in their market capitalization, reflecting the overall improvement in liquidity in the cryptocurrency market.

It is worth noting that the growth rate of USDC is slightly faster than that of USDT, which may reflect a relatively higher confidence among some investors in USDC. However, USDT still maintains a significant market dominance, with a total Circulating Supply more than three times that of USDC.

As the market capitalization of stablecoins increases, we may see more funds flowing into the cryptocurrency market, which could have a positive impact on future market trends. However, investors should remain vigilant and closely monitor changes in market dynamics and the regulatory environment.