Anyone can get a card program set up if they are willing to piggyback on someone else's BIN like wavecrest. MCO unlike tenx or centra is doing it right and going thru the steps needed to launch with their own Visa BIN.
Let's hope so
It's not about hope, just facts. It's super easy to issue a few visa cards that you don't really have control over - MCO team have said from the start this isn't their plan. If they get approved or not is another question ofc, but overall that seems more likely then not.