Ledger taps transk to safely power off crypto to Fiat

Ledger users can now sell Crypto for Fiat without leaving the company’s secure hardware wallet environment thanks to a new integration with Web3 Payments Infrastructure Provider Transak.

The partnership is expanding beyond Transak’s existing on-ramp support. Currently, off-ramps for Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and other assets can be reported directly within the Ledger Live app on desktop and mobile.

The integration allows users in over 100 countries to convert crypto holdings into local Fiat currency through bank transfers and other supported payment methods. This shows a major upgrade to the “Sell” section of Ledger Live, which previously relied on more limited third-party providers.

The new off-ramp is designed to work natively with the Ledger’s self-supporting infrastructure, maintaining user control while minimizing reliance on centralized exchange.

“Real Freedom” in Cryptocurrency

Transak’s off-ramp solution is not only embedded via an iframe or redirect, but also deeply integrated into Ledger Live. Unlike centralized exchanges, users retain full control of their assets until the transaction begins. All Fiat conversions are facilitated through Transak’s regulated bank partners with security and compliance protections such as ISO 27001 certification, SOC 2 Type II compliance, and multi-level KYC. Transak also supports reuse of KYC across its partner platform.

“Independence is not just about holding assets, but having real freedom above them. With the off-ramp of trank, ledger users were able to directly convert a seamless way for ledger users to convert Crypto to Fiat into direct Ledger Live.”

Consumer Services Ledger VP Jean-François Rochet added that the partnership reflects a broad mission of combining maximum user control with access to reliable integrated services. Crypto is about ownership and choices, but with its partnership with Transak, users are “prepared with uncompromising security” and “choose more than ever.”

To understand the strategies and technical details behind this integration, crypto.news spoke with Chandrasekar Kuppusamy, Director of Developer Relations at Transak. In the Q&A below, Kupsamy explains how off-ramps hold the independent spirit of the ledger, what distinguishes partnerships from other Fiat Gateways, and how Transk expands its infrastructure to meet the growing demand.

Crypto.News: Transak’s extended partnership with Ledger includes inter-crypto off-ramp embedded in Ledger Live. What was the strategic thinking behind this movement? And how does direct integration of off-ramp services into the hardware wallet ecosystem align with Transak’s wider mission?

Chandrasekar Kuppusamy: Direct integration of Fiat Off-Ramp into Ledger Live is perfectly consistent with Transak’s mission of simplifying access to Web3 by creating Crypto entries and closing them seamlessly and securely. Ledger is the gold standard for self-reliance, bringing you a “customized end-to-end solution” that eliminates the need for users to cash out trustworthy environments by embedding Transak’s infrastructure. This will provide greater user control and keep both companies prioritizing safety and UX.

CN: Given the ledger’s focus on independence and security, how does Transak’s off-ramp integration store that spirit within the ledger? What security assurances do you offer to users to reassure users that their funds are under control up to the moment of conversion, and that sensitive personal data will be protected during the KYC and bank transfer process? Essentially, how do you mitigate the new risks introduced by embedding a Fiat Off Ramp into your ledger’s hardware wallet environment?

CK:Transak’s off-ramp solution is designed to safely integrate with non-mandatory environments. Funds remain under your control until you begin trading. Transak will not obtain custody of the User Fund in advance. Additionally, our multi-level KYC systems are optimized for low friction compliance and implement strict data protection practices including encryption, ISO 27001 certification, SOC 2 Type II compliance and GDPR preparation. All Fiat forwarding is handled through a regulated bank partner with secure API connections.

CN: There are several competing routes to convert Crypto to Fiat, especially sending assets to the use of other integrated off-ramp services such as MoonPay in exchanges such as Coinbase. What makes the ledger live + tranquette off ramp stand out against these alternatives? How does this partnership position itself as a differentiated product in an increasingly crowded out-of-lamp market?

CK: This is a custom, deeply integrated off-ramp built for embedded iframes or redirects as well as for hardware wallet experiences. Unlike centralized exchanges, users do not compromise on custody. It offers more control over flow, pricing and features compared to aggregators. Customized end-to-end solutions include clear signatures, direct fiat payouts in over 100 countries, and reuse of existing KYC features that are not universally supported elsewhere.

CN: Investors are very sensitive to the fees and conversion costs when acquiring cash. How does Ledger’s Transak off-ramp pricing structure compare against other options, such as selling in centralized exchanges or using alternative Fiat gateways? Are there any additional spreads or additional fees for conversion rates that users should recognize? Also, what does Transk do to minimize both the cost and friction for those trying to settle?

CK: Transak works hard to minimize friction and costs. Although fees vary by payment method and region, our spreads are competitive and often lower than those exchanged for optimised liquidity sourcing. There are no hidden fees. Users benefit from prepayment clarity, real-time estimates and bank-grade FX rates. Our goal is to make Fiat conversions as cost-effective as possible, both for large and large transactions.

CN: Transak boasts support for users in over 160 countries, but the rules between cryptography vary greatly from very loose to ultra-strict depending on the country. How does Transak ensure that Ledger Live Off-Ramp is adapted and operated in many regions? If major markets tighten crypto regulations, can they maintain continuity in their services? Also, do you have a contingency plan (or license) to quickly adapt to the changing laws so that users are not left behind when they try to withdraw funds?

CK: Transak holds licenses and actively pursues in major jurisdictions (including FIU in the US, Canada and India, FCA registration in the UK, Austrac in Australia and VASP in Europe). This licensing foundation allows you to provide reliable services in multiple regions. We have created a flexible compliance system that allows us to monitor regulatory updates in real time and limit or adapt specific flows without affecting global continuity. Additionally, local payment partnerships provide operational agility to respond to market changes.

CN: Continuing from previous questions, how do you convince a savvy investor that off-ramp via Ledger+Transak is just as cost-effective and reliable as any other way in the market?

CK:Ledger+Transak is equipped to handle large transactions with competitive transparent fees, reliable sources of liquidity and a stable payment infrastructure. Minimize the costs and risks associated with conversion and transfer of large-scale cryptocurrency holdings.

CN: With ledger partnerships that allow direct off-ramping, how is Transk preparing for the next phase of growth and scalability? Do you expect to scale up your infrastructure or support in anticipation of more hardware wallet users being cashed out?

CK: Already create infrastructure upgrades to support the expected increase in ledger off-ramp volume. From auto-scaling APIs to enhanced support workflows, it is built for scale. Transku is already used in over 450 major DAPPs, exchanges and a variety of financial apps. Already rated 4.3 5 of Trust Pilot, our support team has been specially expanded and trained for this partnership. We also continuously scale our systems to reduce processing times and costs as demand increases.

CN: Finally, what new innovations and partnerships are you considering to further distinguish Transak’s off-ramp from the next stage of growth?

CK: Transak focuses on scaling with a clear focus on infrastructure that improves cost-efficiency, speed and control for partners and their users. You can expect to see custom integrations natively built into a trusted environment where onboarding and offboarding are available. They are also exploring deeper collaborations with ecosystem players who are rethinking how digital assets fit into everyday finance, especially when Stablecoins play a key role. The goal is to make Web3 feel like a different world and be a seamless extension of what users already know.