Visa said Wednesday that more than $1 billion worth of cryptocurrency was spent by consumers globally on goods and services through their crypto-linked cards in the first six months of the year.

“We are doing a lot to create an ecosystem that makes cryptocurrency more usable and more like any other currency,” Visa CFO Vasant Prabhu told CNBC. “People are exploring ways in which they can use cryptocurrencies for things they would use normal currencies for.” He added, “There are lots of issues in terms of volatility, etc. But that’s up to the owners of cryptocurrencies to manage and track.”

Visa Says Crypto-linked Card Usage Tops $1 Billion in First Half of 2021

According to the statistics around 93% of North American consumers are planning to use Cryptocurrency or some of the other emerging payment technology. The only thing that is stopping that from happening is the cause that not many people understand Cryptocurrency very well.

“We see a lot of volume on our [network] of people buying cryptocurrencies at these various regulated exchanges and as far as we can see that trend continues,” Prabhu said.

Prabhu said Visa has no near-term plans to add any cryptocurrency to its balance sheet like Tesla, MicroStrategy, and other companies have done recently.

“We don’t hold cryptocurrencies on our balance sheet today. We hold currencies on our balance sheet that we need to run our business. We hold currencies that we get paid in or we pay people in. That tends to be the dollar, euro, pound. So we don’t have plans to hold cryptocurrency because it’s not typically the way we get paid or the way we pay people,” he said.