UK September M4 Money Supply Rises 0.1% MoM, Down From 0.4%

The slowdown in UK broad money growth is a quiet but relevant signal for crypto and RWA markets that increasingly track sterling liquidity conditions. A softer M4 print suggests less fresh money circulating in the UK system, which historically correlates with reduced risk appetite across speculative assets. For tokenized asset issuers and sterling-denominated crypto products, the deceleration matters more than the direction itself. Whether this reflects a one-month blip or the start of a sustained liquidity contraction is the open question worth monitoring in coming prints.