PANews reported on December 16th that Matrixport's chart analysis today indicates that while stablecoin supply is still expanding, the rolling growth rate over the past 12 months peaked and declined in late October, with stablecoin inflows and new liquidity in the crypto market cooling in tandem. Combined with the current pullback, the firm believes that the Federal Reserve's shift towards a more cautious stance is a key trigger for weakening liquidity. This also means that even though the absolute increase in supply remains substantial, the overall liquidity environment may be weaker than previously expected.