Ledger Adds Base Support for Cash-to-Stablecoin Purchases

According to the announcement, users can now buy stablecoins and send them directly to a Ledger hardware wallet through Noah HQ using Base.

Summary

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Terms & Concepts
  • Stablecoin: A cryptocurrency designed to maintain a stable value, typically by being pegged to a fiat currency such as the U.S. dollar.
  • Hardware wallet: A physical device that stores crypto private keys offline, helping protect digital assets from online threats.
  • Base: An Ethereum layer-2 network built to process transactions more efficiently and at lower cost than Ethereum mainnet.