The CEO of Visa, Al Kelly, said that the company could support crypto in the future if the market will show potential acceptance to all crypto coins as is the case now for Bitcoin and Ethereum. He opined that as of now reserve currencies are the base of all Visa products and cryptocurrencies as an asset is not a threat to them. Therefore, the company is not in a hassle to look for the possibilities of technological integration.

Kelly further said that Visa will definitely eye for acting as an intermediary to attract users for transacting digital assets through Visa platform, by providing fees to the company. However, by the time Visa would feel comfortable in integrating cryptocurrencies to its platform, it is least possible that cryptocurrencies would need any middlemen to process payments.

Open source platforms along with non-custodial wallet systems can make users to get rid of miners for which they pat additional fee, transaction fee apart. As of now, crypto assets has not been yet widely accepted and that makes buyers difficult to compensate merchants for buying simple products like coffee and food. Visa, being one of the largest financial platforms can multifold the user adoption of cryptocurrencies.