“We are doing a lot to create an ecosystem that makes crypto currency more usable and more like any other currency.
“We see a lot of volume on our [network] of people buying crypto currencies at these various regulated exchanges and as far as we can see that trend continues,”
– Chief Financial Officer, VISA
Visa rival, Mastercard, is also in line to launch a card with American crypto exchange, Gemini.
The card will make it possible for consumers to earn rewards in crypto.
A recent survey by MasterCard indicated that over 90% of consumers intend to use new financial technologies, such as crypto in the next year. The survey also showed that 75% of millennials would use crypto if they understood it better.
Visa, on its part, believes crypto cards, biometrics, and QR code can disrupt the $18 trillion global market for cash and cheque transactions.