DeFi· ★★★· bearish·

Bitquery: 58% of Polygon USDT0 holder growth matches scam patterns

  • —58% of USDT0 holder growth on Polygon since August 2025 matches scam patterns
  • —About 998,000 of 1.71 million new addresses fit address-poisoning behavior
  • —USDT0 supply on Polygon fell 41%, from $1.35 billion to $798 million
  • —Addresses holding at least $10 dropped 42%, from 1.24 million to 720,000
Why it matters: The findings cast doubt on the 8.1 million USDT0 holder figure Polygon uses to promote its stablecoin payments push.
Source: CryptoSlate