Ledger Recovery Key, shaped like a credit card, introduces an offline recovery method that replaces the traditional reliance on 24-word seed phrases by storing private keys on a smart card with NFC support

Quotes that support claims

Ledger Recovery Key is an offline physical recovery tool allowing Ledger Flex or Ledger Stax users to store their private keys on a smart card with NFC connection, the firm said in an announcement shared with Cointelegraph

The recovery key, which resembles a credit card, offers users an alternative method for accessing their crypto without relying on the traditional 24-word seed phrases typically associated with hardware wallets.