Fed's hawkish tone and its impact on stablecoin bridges

The Fed's continued hawkish stance is making me think about how the higher cost of capital impacts bridging solutions for stablecoins, especially for smaller fintechs who might be feeling the pinch on their own balance sheets when trying to provide liquidity. Curious if others are seeing a slowdown in on/off-ramp development or if the current market is separating the wheat from the chaff in terms of resilient solutions.