This paper describes the synthesis, swelling behavior, and applications of well-defined narrowly dispersed zwitterionic (ZW) microgels prepared by dispersion polymerization in aqueous media. Microgel stability was achieved through precise control of the dispersant composition, timely addition of a cross-linker after the nucleation stage, and the utilization of ionic initiators. Dispersion polymerization allowed for incorporation of both hydrophilic and hydrophobic comonomers, including acrylamide (AAm) and dopamine methacrylamide (Dopa-MA). The broad variety of compositions created many opportunities for practical applications such as encapsulation of mineral acids and synthesis of metal nanoparticles. The swelling behavior of ZW-co-AAm microgels in 6 M HCl was particularly interesting: whereas ZW moieties remained stable in contact with the strong acid, the amide groups underwent hydrolysis to carboxylic acid, resulting in microgel contraction and acid release. Zw-co-Dopa-MA microgels were employed as particulate microreactors, where the ZW moieties played a role of an osmotic pump delivering Ag ions to the DOPA moieties for conversion to silver nanoparticles uniformly dispersed inside the microgel particles.