diff --git a/.changeset/young-jeans-sparkle.md b/.changeset/young-jeans-sparkle.md
new file mode 100644
index 000000000000..03b95e2d7d8f
--- /dev/null
+++ b/.changeset/young-jeans-sparkle.md
@@ -0,0 +1,5 @@
+---
+"@ledgerhq/live-common": minor
+---
+
+Update groupCurrenciesByProvider to get Coins instead of token when it's relevant
diff --git a/libs/ledger-live-common/src/deposit/deposit.test.ts b/libs/ledger-live-common/src/deposit/deposit.test.ts
index ede0915783e4..fbdd0fa6b00d 100644
--- a/libs/ledger-live-common/src/deposit/deposit.test.ts
+++ b/libs/ledger-live-common/src/deposit/deposit.test.ts
@@ -1,7 +1,7 @@
 import { groupCurrenciesByProvider, searchByNameOrTicker, searchByProviderId } from "./helper";
-import { MOCK } from "./mock";
+import { MOCK, MOCK_POL } from "./mock";
 import { MappedAsset } from "./type";
-import { getTokenById } from "../currencies/index";
+import { getCryptoCurrencyById, getTokenById } from "../currencies/index";
 
 const MAPPED_ASSETS = MOCK as MappedAsset[];
 
@@ -25,5 +25,20 @@ describe("Deposit logic", () => {
         currenciesByNetwork: currencies,
       },
     ]);
+    const currenciesPol = MOCK_POL.map(asset =>
+      asset.$type === "Token"
+        ? getTokenById(asset.ledgerId)
+        : getCryptoCurrencyById(asset.ledgerId),
+    );
+    const { currenciesByProvider: currenciesByProviderBis, sortedCryptoCurrencies } =
+      groupCurrenciesByProvider(MOCK_POL as MappedAsset[], currenciesPol);
+    expect(currenciesByProviderBis).toEqual([
+      {
+        providerId: "matic-network",
+        currenciesByNetwork: currenciesPol,
+      },
+    ]);
+
+    expect(sortedCryptoCurrencies).toEqual([currenciesPol[1]]);
   });
 });
diff --git a/libs/ledger-live-common/src/deposit/helper.ts b/libs/ledger-live-common/src/deposit/helper.ts
index 784637205d34..dda904e22a97 100644
--- a/libs/ledger-live-common/src/deposit/helper.ts
+++ b/libs/ledger-live-common/src/deposit/helper.ts
@@ -36,13 +36,22 @@ export const groupCurrenciesByProvider = (
           providerId: asset.providerId,
           currenciesByNetwork: [ledgerCurrency],
         });
-        // in this case, the first currency of the provider is the one we want to display
-        sortedCryptoCurrencies.push(ledgerCurrency);
       } else {
         existingEntry.currenciesByNetwork.push(ledgerCurrency);
       }
     }
   }
+
+  // in this case, the first currency of the provider is the one we want to display (Wasn't true)
+  // So we need to take the first crypto or token currency of each provider to fix that
+  for (const [, { currenciesByNetwork }] of assetsByProviderId.entries()) {
+    const firstCrypto = currenciesByNetwork.find(c => c.type === "CryptoCurrency");
+    const elem = firstCrypto || currenciesByNetwork.find(c => c.type === "TokenCurrency");
+    if (elem) {
+      sortedCryptoCurrencies.push(elem);
+    }
+  }
+
   return {
     currenciesByProvider: Array.from(assetsByProviderId.values()),
     sortedCryptoCurrencies,
diff --git a/libs/ledger-live-common/src/deposit/mock.ts b/libs/ledger-live-common/src/deposit/mock.ts
index e7e5b311f249..770a768617d4 100644
--- a/libs/ledger-live-common/src/deposit/mock.ts
+++ b/libs/ledger-live-common/src/deposit/mock.ts
@@ -45,3 +45,49 @@ export const MOCK = [
     ticker: "BSC-USD",
   },
 ];
+
+export const MOCK_POL = [
+  {
+    $type: "Token",
+    ledgerId: "bsc/bep20/matic_token",
+    providerId: "matic-network",
+    name: "Matic Token",
+    ticker: "MATIC",
+    network: "bsc",
+    contract: "0xcc42724c6683b7e57334c4e856f4c9965ed682bd",
+    status: "Ok",
+    reason: null,
+    data: {
+      img: "https://proxycgassets.api.live.ledger.com/coins/images/4713/large/polygon.png",
+      marketCapRank: 121,
+    },
+  },
+  {
+    $type: "Coin",
+    ledgerId: "polygon",
+    providerId: "matic-network",
+    name: "Polygon",
+    ticker: "POL",
+    status: "Ok",
+    reason: "Overridden",
+    data: {
+      img: "https://proxycgassets.api.live.ledger.com/coins/images/4713/large/polygon.png",
+      marketCapRank: 121,
+    },
+  },
+  {
+    $type: "Token",
+    ledgerId: "ethereum/erc20/matic",
+    providerId: "matic-network",
+    name: "Matic",
+    ticker: "MATIC",
+    network: "ethereum",
+    contract: "0x7d1afa7b718fb893db30a3abc0cfc608aacfebb0",
+    status: "Ok",
+    reason: null,
+    data: {
+      img: "https://proxycgassets.api.live.ledger.com/coins/images/4713/large/polygon.png",
+      marketCapRank: 121,
+    },
+  },
+];