MeshWallet Closes $10 Million Private Funding Round to Expand Gasless USDT Wallet

MeshWallet, a gasless USDT wallet serving users of the TRON network, has announced the successful closing of a $10,000,000 private funding round led by a core group of private investors and small family offices.

September 23 2026, Tallinn, Estonia - The funding will support a roadmap aimed at bringing MeshWallet to the forefront of the dedicated gasless wallet market, and at building out an ecosystem of benefits for its users.

The raise follows a busy few years in the cryptocurrency wallet and payments ecosystem, with popular wallets Metamask and Phantom receiving nine-figure investments in recent years and market sentiment calling for more secure systems to hold, receive, and spend crypto. With TRON remaining the largest network by volume for USDT transfer, MeshWallet occupies a distinctive position as an early mover in the gasless category.

Removing the Two-Token Requirement

Sending USDT on TRON has traditionally required the sending wallet to hold TRX purely to cover the network fee. MeshWallet settles that fee in USDT itself, meaning users never need to acquire, hold, or account for a second token to move the first.

The app has been designed with the user in mind, from the interface through to the gasless transfer mechanism. MeshWallet focuses on minimalism and simplicity - users can view their balance, send TRC20 USDT, or receive it directly into their wallet in a few clicks.

Built for Retail and Business Users

MeshWallet serves both retail and business users, from the casual holder making occasional transfers to the dedicated trader sending payments daily for goods, services, and transfers to friends and family. The app suits any case where users need to make payments quickly and efficiently, without the concern of running out of gas tokens.

For businesses, the benefit is largely administrative. With one token's value to account for against their home currency rather than two, administrative overheads are slashed, onboarding is significantly faster, and the simplicity of operation makes retail applications straightforward rather than burdensome.

Security and Verification

MeshWallet is fully self-custodial, with private keys held on the user's own device rather than stored on a server. The wallet also offers an open-source codebase, two ongoing independent audits, and a growing, positive Trustpilot page, giving prospective users assurance before going gasless.

Regulatory Backdrop

The funding arrives at a significant moment for the sector, with President Trump backing the Digital Asset Market Clarity Act, legislation which would establish a regulated framework for cryptocurrencies and digital assets in the US and see many formally classified as commodities. The Act has cleared the House of Representatives and advanced through the Senate Banking Committee, with procedural floor voting opened in August. It is expected to bring greater stability to one of the world's largest markets.

With funding secured and development accelerating, MeshWallet plans to introduce a wide range of new features in the near future.

MeshWallet is now available on the Play Store and on Apple Store. For more information please visit the MeshWallet website, follow Mesh on X, or join the Telegram channel.