{"id":130159,"date":"2025-05-28T11:15:55","date_gmt":"2025-05-28T11:15:55","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=130159"},"modified":"2025-05-28T11:15:55","modified_gmt":"2025-05-28T11:15:55","slug":"ton-foundation-hires-former-visa-executive-to-lead-payments-strategy","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=130159","title":{"rendered":"TON Foundation hires former Visa executive to lead payments strategy"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsThe Open Network Foundation (TON Foundation) appointed former Visa executive Nikola Plecas as its new vice president of payments.<br \/>\nPlecas will be responsible for shaping and executing TON\u2019s payment infrastructure strategy, the company said in a May 28 blog post.<br \/>\nHe is tasked with expanding the network\u2019s capabilities, managing financial partnerships and ensuring compliance across jurisdictions as the foundation scales services for over 1 billion Telegram users.<br \/>\n\u201cJoining TON Foundation represents an incredible opportunity to shape the future of payments on a truly global scale,\u201d Plecas said.<br \/>\nRelated: How to use tsUSDe on TON for yield-generating dollar savings<br \/>\nPlecas to lead TON\u2019s new payment strategy<br \/>\nPlecas will lead the push to build a payments architecture that is both globally interoperable and robust enough to handle increasing demand from developers, enterprises and end-users, per the announcement.<br \/>\nPlecas brings a track record from his time at Visa, where he played a central role in crypto-related initiatives, including product development and global commercialization.<br \/>\nHe helped streamline on-ramp performance across multiple markets and developed Visa\u2019s digital currency engagement model for European clients. He also contributed to numerous fintech and crypto issuance projects and frequently spoke on Visa\u2019s behalf at major industry events.<br \/>\nSource: TONTON Foundation CEO Max Crown noted that payments are a core pillar of TON\u2019s roadmap. \u201cWith deep industry expertise and a clear vision for scaling payment infrastructure, Nikola brings the experience and leadership we need to accelerate TON\u2019s global growth.\u201d<br \/>\nCointelegraph reached out to TON for comment but had not received a response by publication.<br \/>\nRelated: TON\u2019s Broxus launches blockchain app scalability platform TON Factory<br \/>\nEthena offers USDe to Telegram users<br \/>\nOn May 1, decentralized stablecoin platform Ethena partnered with TON to make its stablecoins available to Telegram\u2019s user base of over 1 billion people.<br \/>\nThe partnership will see the deployment of Ethena\u2019s USDe\u00a0(USDE) and Ethena Staked USDe (sUSDe) within the TON blockchain. The sUSDe variant will be integrated under the name tsUSDe, enabling Telegram users to access US dollar-denominated savings directly within Telegram.<br \/>\nNotably, the TON Foundation has also been closely collaborating with Tether, connecting TON to Tether\u2019s USDt ecosystem with LayerZero in February 2024.<br \/>\nAs part of its ambitious scaling plans, TON expects to connect its ecosystem to\u00a0at least 100 chains, including Ether (ETH), Tron (TRX) and Solana (SOL).<br \/>\nMagazine: Can Off the Grid survive Steam\u2019s crypto ban? Rage over Maplestory cheaters: Web3 Gamer<a href=\"https:\/\/cointelegraph.com\/news\/ton-foundation-hires-visa-executive-nikola-plecas?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsThe Open Network Foundation (TON Foundation) appointed former Visa executive Nikola Plecas as its new vice president of payments. Plecas will be responsible for shaping and executing TON\u2019s&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/130159"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=130159"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/130159\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=130159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=130159"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=130159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}