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No industry standard for Bitcoin? Ahem https://glacierprotocol.org/ ahem https://glacierprotocol.org/ ahem https://glacierprotocol.org/ ahem https://glacierprotocol.org/ ahem https://glacierprotocol.org/ <= this is the one
You mean the BIP unanimously discouraged for implementation? Yes, I'm aware they and other wallets decided to shirk concerns and jump headfirst into a format that we now need to abandon and deal with the existing traction of. Funny how they still haven't adopted descriptor wallets.
The confusion is because you are reading about Ledger Live (the software that works with Ledger's hardware wallet), which is open source (dunno if it's reproducible though): https://github.com/ledgerhq/ledger-live