The Open Network Foundation (TON Foundation) announced the hiring of former Visa executive Nikola Plecas as its new vice president of payments. This strategic appointment aims to refine and execute TON’s payment infrastructure strategy to serve its growing user base. Plecas is tasked with managing financial partnerships and ensuring compliance across various jurisdictions. This leadership change demonstrates the foundation’s commitment to scaling services for the over one billion users on Telegram. As digital currencies gain traction, it signifies an essential step towards establishing reliable payment solutions within the ecosystem.