`MalformedJWT` error in local development

SUPABASE_URL="http://localhost:54321"
SUPABASE_KEY=<Secret_Key>

📡 Channel status: CHANNEL_ERROR
📡 Channel status: CHANNEL_ERROR
📡 Channel status: CHANNEL_ERROR
📡 Channel status: CHANNEL_ERROR

17:21:27.686 project=realtime-dev external_id=realtime-dev error_code=MalformedJWT [error] MalformedJWT: The token provided is not a valid JWT
17:21:28.716 project=realtime-dev external_id=realtime-dev error_code=MalformedJWT [error] MalformedJWT: The token provided is not a valid JWT
17:21:28.763 project=realtime-dev [info] Billing metrics: [:realtime, :connections]
17:21:30.738 project=realtime-dev external_id=realtime-dev error_code=MalformedJWT [error] MalformedJWT: The token provided is not a valid JWT
17:21:33.777 [info] Replica region not found, defaulting to Realtime.Repo
17:21:33.782 project=realtime-dev [info] Billing metrics: [:realtime, :connections]
17:21:35.763 project=realtime-dev external_id=realtime-dev error_code=MalformedJWT [error] MalformedJWT: The token provided is not a valid JWT