TIS, Japan’s largest payment processor, deploys its Multi-Token Platform on Avalanche’s AvaCloud to support yen stablecoins, tokenized deposits, and digital securities for institutions.
TIS Inc., Japan’s largest payments processor, announced the launch of its Multi-Token Platform on Avalanche’s AvaCloud, marking its move into tokenized finance. The platform supports stablecoins, tokenized deposits, and digital securities, aimed at Japan’s banks and large corporations. TIS’s PayCierge system already handles over ¥300 trillion in annual B2C payments and serves nearly 200 million customers, with internal forecasts suggesting on-chain flows could surpass ¥1,000 trillion if B2B and payroll payments are included. AvaCloud’s scalable and regulated-ready infrastructure allows TIS to operate without managing its own nodes. Links have been made to yen stablecoins such as JPYC’s fully redeemable JGB-backed model. Adoption will depend on clear regulations for backing, custody, and redemption into yen, with deployment already underway.