Telegram Wallet reduces commission for buying USDT

On February 14, Telegram Wallet announced the introduction of zero commissions on USDT deposits for users in more than 60 countries. This move could significantly increase the liquidity of stablecoins in the wallet ecosystem and increase the number of transactions.

However, withdrawals are still subject to standard fees: 3.5 USDT on the Tron blockchain and 1 USDT on The Open Network (TON).

Competition in the stablecoin market

Despite USDT’s dominant position with a market share of 63.3%, its leadership is weakening. USDC, the second-largest stablecoin, is set to increase its circulation in 2025, increasing competition in this segment.

Stablecoins have gained particular importance in the crypto industry over the past year. In the US, support for digital assets remains limited in some states, but the Donald Trump administration has identified the development of stablecoins as one of its crypto policy priorities.

Prospects for legalization

A Telegram Wallet representative said that the platform is actively working to comply with the requirements of the European MiCA (Markets in Crypto-Assets) regulation. Full adaptation to the new rules is expected by the end of 2025.

According to The Open Network, USDT-TON traded $1.4 billion in 2024, confirming the growing popularity of stablecoins in the TON ecosystem.

Key points

• Telegram Wallet now allows users in 60+ countries to top up USDT without commission.
• Withdrawal fees remain unchanged: 3.5 USDT (Tron) and 1 USDT (TON).
• USDT remains the largest stablecoin with a share of 63.3%, but competition with USDC is intensifying.
• Telegram Wallet plans to be fully compliant with MiCA by the end of 2025.