USDT transfers surge 438% over three years, led by Polygon and Arbitrum One

Tether’s omnichain stablecoin protocol has quietly become one of the most heavily used pieces of infrastructure in crypto. Monthly USDT0 transfer counts climbed 438.2% over three years, with Polygon and Arbitrum One responsible for a combined 78.8% of all transfers. The numbers behind the migration Polygon’s stablecoin activity in 2025 has been staggering. The network processed 452 million stablecoin transactions and 1.4 billion transfers, representing year-over-year growth of 140% and 227%, respectively. Its stablecoin supply reached $2.83B, making it one of the most liquid Layer-2 environments for dollar-denominated tokens. Arbitrum’s trajectory looks equally aggressive. Daily stablecoin transfers on the network went from roughly 80,000 per day in early 2023 to over 2 million daily by late 2025. That’s a 25x increase in less than three years. Daily transaction volumes now exceed $5B. USDT0 itself crossed $100B in cumulative cross-chain transfer volume within just 525 days of its early 2025 launch. The protocol has attracted approximately 6.5 million active wallets. Why Layer-2 networks are winning stablecoin flows Sending USDT on Ethereum mainnet can cost anywhere from a few doll...