TON Foundation Appoints Former Visa Executive to Lead Global Payments
The Open Network Foundation (TON Foundation) has announced the appointment of Nikola Plecas, a former Visa executive, as its new vice president of payments. According to a May 28 blog post by the company, Plecas will be responsible for shaping and executing TON’s payment infrastructure strategy. His key tasks will include expanding the network’s capabilities, managing financial partnerships, and ensuring compliance across jurisdictions as the foundation scales its services for over 1 billion Telegram users.
“Joining TON Foundation represents an incredible opportunity to shape the future of payments and financial infrastructure,” Plecas said, as quoted in the blog post. The appointment is expected to significantly impact TON’s ability to manage financial partnerships and enhance its payment infrastructure.
The TON Foundation’s decision to hire a seasoned executive from Visa underscores its commitment to developing robust payment systems. This move is particularly significant as the foundation continues to expand its reach among Telegram’s vast user base.
As the TON Foundation continues to grow, Plecas’s experience in the financial sector is expected to play a crucial role in shaping the organization’s payment infrastructure. The appointment highlights the increasing convergence of traditional financial systems and blockchain technology.
For more information, you can refer to the [original article on Cointelegraph](source link).
