Tech

Ledger Rolls Out Enterprise Mobile App, Adds TRON Support For Stablecoin Transactions

Ledger has released an iOS app for its enterprise customers and added native support for the TRON blockchain, as the company looks to strengthen its role in institutional stablecoin operations. Ledger Enterprise clients can now manage TRON and TRC20 tokens, including the USDT stablecoin, with “hardware-enforced security” from their mobile devices, the company said Wednesday.

TRON processes about $80 billion in USDT and has become the dominant network for cross-border transfers. “TRON is the go-to network for high-volume, cross-border stablecoin transfers especially across Asia and emerging markets,” Sebastien Badault, vice president of enterprise at Ledger, told The Block.

“Organizations need to minimize indirect costs associated with delayed approvals, including missed opportunities and market volatility exposure.” Ledger Live, the company’s retail app, already supports TRON but without native staking. TRON staking is available to retail users through Yield.xyz, while the new update applies only to Ledger Enterprise, its institutional platform, Badault said.

Until now, Ledger Enterprise was only available on desktop. Badault said iOS was prioritized for the mobile rollout because most customers use Apple devices, with Android to be considered in the future. Ledger Enterprise already supports more than 15 blockchains and any ERC-20 tokens.

Supported networks include Bitcoin, Ethereum, XRP, Solana, Polygon, Cardano, and Dogecoin, among others. “Supporting as many [chains] as possible is a key strategic lever,” Badault said. “We have been working on streamlining our integration of new chains and are working closely with builders to integrate them when they launch their projects.”

Terron Gold