TIS Inc., Japan’s largest payment processor, has announced the launch of its new TIS’s Multi-Token Platform on Avalanche. This strategic move utilizes the AvaCloud infrastructure to facilitate the issuance of stablecoins and digital securities for financial institutions. The news was confirmed via company announcements and industry reports.
The new platform is designed to support tokenized deposits and digital securities for large corporations and banks. TIS Inc. brings massive operational scale to this launch. Its “PayCierge” system currently handles over 300 trillion yen in annual B2C payments. Furthermore, the firm projects this figure could scale up to 1,000 trillion yen if B2B and payroll flows are integrated on-chain.
TIS is not a minor player in the Japanese market. The company manages nearly half of the domestic credit card processing. It also supports over 80% of branded debit accounts. Reports indicate that 11 of Japan’s top 25 credit card issuers use TIS systems, serving nearly 200 million customers.
TIS’s decision to build on AvaCloud (Avalanche’s “Blockchain-as-a-Service” solution) is significant. It allows TIS to deploy its own blockchains without needing to build and operate its own infrastructure from scratch. This reduces technical complexity and operational costs.
TIS selected this infrastructure for its automated scaling capabilities and real-time governance features. These are crucial qualities for regulated finance. Avalanche’s fast finality and cross-chain tools were cited as key reasons. They allow TIS to aim for programmable, real-time settlement between institutions.
Will the digital yen find its home on Avalanche?
The infrastructure is already attracting interest for yen tokenization. Projects like JPYC, which proposes a yen-backed stablecoin supported by Japanese government bonds (JGBs), are examples of the types of instruments that could operate on TIS’s platform.
For Japanese banks and corporations, this opens the door to running tokenized deposits or securities on the new platform. However, widespread adoption will require clear rules on backing, custody, and how tokens are redeemed back into yen. These details are being actively discussed by regulators and market participants.
The entry of Japan’s largest payment processor into the Avalanche ecosystem represents a milestone for institutional adoption in Asia. This alliance validates the use of the technology from AvaCloud for highly sensitive financial operations. The market will closely watch how TIS’s banking partners begin to utilize the platform and the effect it will have on traditional payment flows in the country.
