diff --git a/go.mod b/go.mod
index c99cea1b..8f041d48 100644
--- a/go.mod
+++ b/go.mod
@@ -21,7 +21,7 @@ require (
 	github.com/mitchellh/mapstructure v1.5.0
 	github.com/onflow/cadence v0.40.0
 	github.com/onflow/flow-cli/flowkit v1.3.2
-	github.com/onflow/flow-emulator v0.54.0
+	github.com/onflow/flow-emulator v0.54.1
 	github.com/onflow/flow-go-sdk v0.41.10
 	github.com/pkg/errors v0.9.1
 	github.com/prometheus/client_golang v1.16.0
diff --git a/go.sum b/go.sum
index b1d610c2..e747c1c6 100644
--- a/go.sum
+++ b/go.sum
@@ -686,8 +686,8 @@ github.com/onflow/flow-core-contracts/lib/go/contracts v1.2.4-0.20230703193002-5
 github.com/onflow/flow-core-contracts/lib/go/contracts v1.2.4-0.20230703193002-53362441b57d/go.mod h1:xAiV/7TKhw863r6iO3CS5RnQ4F+pBY1TxD272BsILlo=
 github.com/onflow/flow-core-contracts/lib/go/templates v1.2.3 h1:X25A1dNajNUtE+KoV76wQ6BR6qI7G65vuuRXxDDqX7E=
 github.com/onflow/flow-core-contracts/lib/go/templates v1.2.3/go.mod h1:dqAUVWwg+NlOhsuBHex7bEWmsUjsiExzhe/+t4xNH6A=
-github.com/onflow/flow-emulator v0.54.0 h1:GzqMPIjsNweiyBORs8naUXhgs3PhD0X4Ep4j/kGelq0=
-github.com/onflow/flow-emulator v0.54.0/go.mod h1:cPKNx2eaxUDtXNHN9nnrt/qydWUHNQRTa/9QnsaCSpo=
+github.com/onflow/flow-emulator v0.54.1 h1:0/gHw4etxMS2qDWhU/S2PhbxJavcs3v1DzVadT3z8S8=
+github.com/onflow/flow-emulator v0.54.1/go.mod h1:cPKNx2eaxUDtXNHN9nnrt/qydWUHNQRTa/9QnsaCSpo=
 github.com/onflow/flow-ft/lib/go/contracts v0.7.0 h1:XEKE6qJUw3luhsYmIOteXP53gtxNxrwTohgxJXCYqBE=
 github.com/onflow/flow-ft/lib/go/contracts v0.7.0/go.mod h1:kTMFIySzEJJeupk+7EmXs0EJ6CBWY/MV9fv9iYQk+RU=
 github.com/onflow/flow-go v0.31.1-0.20230808172820-f074502a67e3 h1:3iDV59Das0YkeFnjI0UkOZMz+gS1JKpTNZ4oMGH4bDM=