Payment company Visa is exploring the possibility of creating an offline payment system based on digital currency.
Visa plans to expand the number of participants in the payment network at the expense of cryptocurrency companies.
There are about 25 companies currently participating in the network, including Coinbase and Circle.
Most of Visa’s crypto clients specialize in central bank digital currencies (CBDCs). Visa previously said that digital currencies have the potential to add value to digital payments and pledged to support the development of the sector.