CoinsAQ summary · neutral
Polygon's 8 million USDT0 holders face scrutiny as 58% of growth matches scam patterns
What happened
A Bitquery investigation found nearly 1 million net new addresses matching scam patterns while USDT0 supply and meaningful holdings declined sharply. Polygon's surging USDT0 holder count masks shrinking balances and suspected scam activity amid its broader push into stablecoin.
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