The stablecoin payments landscape is evolving as fast as meme coins these days. 

Telegram's Wallet just dropped a bombshell announcement for USDT holders, saying that as of today, they're cutting deposit fees to zero across 60+ countries.

Yup – completely free USDT deposits for dozens of jurisdictions around the world… with some caveats, of course.

The Fine Print 

But before you start moving your stablecoin empire around, there's something you should know.

Deposits are completely free, but they never said anything about withdrawals – and we’re betting that if you put your money in, you likely want to take it back out at some point.

Remember that we’re still talking about 3.5 USDT if you're using Tron or 1 USDT on TON.

By the way, Mercuryo's behind this whole operation – they're the payment wizards making it happen and handling all the back-end plumbing behind the scenes.

The Stablecoin Game Evolves

Speaking of USDT, it's still the king of stablecoins with a massive 63.3% market share.

But USDC continues to make moves, not least with its recent acquisition of Hashnote, the issuer of the largest RWA-backed stablecoin in the world. 

With this acquisition and its more regulatory-friend stance, Circle’s USDC has been steadily stacking its circulation numbers in 2025.

Even the Trump administration's crypto czar, David Sacks, can't stop talking about stablecoins, claiming that’ll create trillions of dollars in new demand for US Treasuries.

It seems like everyone wants a piece of the stability pie these days.

The TON Connection 

The TON network has also been crushing it with USDT adoption, flexing with $1.4 billion in USDT-TON circulation from last year.

That's what happens when you mix Telegram's massive user base with crypto.

And now, with zero deposit fees? 

That number might well head to the moon as more and more users discover how cheap, fast, and effective global stablecoin payments can be.

Zero-fee deposits sound great on paper, but it’s important to keep in mind that nothing in life is truly free. 

This is basically creating a one-way street – easy to get in, but with costs to get out.

Smart traders might spot some arbitrage opportunities here, and other wallet providers are probably sweating bullets right now as they realize they’ll have to offer the same service to stay competitive. 

The Winding Road To Stablecoin Domination

Wallet is also playing nice with the regulators, aiming to be MiCA-compliant by the end of the year.

That's a big move, given that USDT has been delisted from European exchanges due to Tether’s lack of compliance in the jurisdiction. 

This development could be the blueprint for how messaging apps and crypto finally tie the knot, with the real question being if other platforms follow suit quickly or drag their feet in protest. 

This move could be bigger than just some fee changes as Telegram bridges the gap between normies and crypto in real-time.

Whether this becomes the new standard or just another crypto experiment will only be told with time… and those withdrawal fees.