The payments processor its crypto advisory practice, housed within its consulting and analytics division, will offer advice to financial institutions, retailers, and other firms on everything from rolling out crypto features to exploring non-fungible tokens.

Visa named American bank UMB as a client that’s already using its crypto advisory services. The company is also developing products geared toward stablecoins — virtual tokens tied to the value of sovereign currencies, typically the dollar — and central bank-issued digital currencies.

 Performance of Visa Inc. (Source: Investing.com)