diff --git a/.changelog/unreleased/improvements/3412-upgrade-ledger-namada-rs-dep.md b/.changelog/unreleased/improvements/3412-upgrade-ledger-namada-rs-dep.md
new file mode 100644
index 0000000000..ce3660935c
--- /dev/null
+++ b/.changelog/unreleased/improvements/3412-upgrade-ledger-namada-rs-dep.md
@@ -0,0 +1,2 @@
+- Upgrade the library used to communicate with hardware wallet
+  ([\#3412](https://github.com/anoma/namada/pull/3412))
\ No newline at end of file
diff --git a/Cargo.lock b/Cargo.lock
index 44a48fa859..d332002e76 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4244,7 +4244,7 @@ dependencies = [
 [[package]]
 name = "ledger-namada-rs"
 version = "0.0.1"
-source = "git+https://github.com/Zondax/ledger-namada?tag=v0.0.12#3e7c30bec1d1e135b94c80b48b194aa7341519a4"
+source = "git+https://github.com/Zondax/ledger-namada?tag=v0.0.24#ca9da5e0129f676934809f58acffbd855d280664"
 dependencies = [
  "bincode",
  "byteorder",
diff --git a/Cargo.toml b/Cargo.toml
index c019c5b776..555fe2eea7 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -122,7 +122,7 @@ jubjub = "0.10"
 k256 = { version = "0.13.0", default-features = false, features = ["ecdsa", "pkcs8", "precomputed-tables", "serde", "std"]}
 konst = { version = "0.3.8", default-features = false }
 lazy_static = "1.4.0"
-ledger-namada-rs = { git = "https://github.com/Zondax/ledger-namada", tag = "v0.0.12" }
+ledger-namada-rs = { git = "https://github.com/Zondax/ledger-namada", tag = "v0.0.24" }
 ledger-transport-hid = "0.10.0"
 libc = "0.2.97"
 libloading = "0.7.2"