"Zstandard has no inherent limit and can address terabytes of memory (although it rarely does). For example, the lower of the 22 levels use 1 MB or less. For compatibility with a broad range of receiving systems, where memory may be limited, it is recommended to limit memory usage to 8 MB. This is a tuning recommendation, though, not a compression format limitation."
8MB for the smallest preset? Back in the mid-2000s, I was attending a Jabber/XMPP discussion, about the viability of using libz for compressing the stream. It turned out that even just a 32kb window is huge when your connection server is handling thousands of connections at a time, and they were investigating the effect of using a modified libz with an even smaller window (it was hard-coded, back then).
I know Moore's law is in ZStandard's favor w.r.t. memory usage (what's 8MB when your server's got 64GB or more?), but I think it's useful to note that this is squarely aimed at web traffic backed by beefy servers.