TON Foundation Strengthens Payments by Inviting Former Visa Manager
Date: 2025-05-29 Author: Oliver Abernathy Categories: BUSINESS
Nicolas Plecas has taken up a new position specifically created to strengthen the TON Foundation's payment strategy. His key task will be the formation and implementation of a global payment infrastructure covering partner initiatives on the platform, as well as ensuring compliance with regulatory requirements in various jurisdictions.
"Payments are now becoming a strategically important area for TON. We plan to seriously address this issue," Plecas commented. He noted that the main focus at the first stage will be on user convenience - both technical and operational. Among the priorities is simplifying the process of depositing and withdrawing funds, especially when switching between fiat currency and the TON cryptocurrency.
Plecas will work in close cooperation with the CEO of the TON Foundation, Max Crown. The latter joined the project in April, having experience in creating the MoonPay payment platform, where he held the positions of CFO and COO.
Crown emphasized that the creation of convenient decentralized payment solutions is one of the priorities of the TON Foundation. In his opinion, Plecas' experience in the field of cryptocurrencies and traditional payment systems will help the project accelerate growth and strengthen its position in the international arena. He also noted that the implementation of a global strategy requires expertise that combines knowledge of fintech and an understanding of the specifics of blockchains.
TON is a first-level blockchain, originally created as a technical basis for Telegram. At the moment, the project's market capitalization reaches $7.5 billion, and the cost of one TON token is about $3.4.
With the appointment of Plecas, the TON Foundation is taking an important step towards turning the blockchain into a full-fledged payment platform with global coverage.
