TIS Inc. Launches Multi-Token Platform on Avalanche’s AvaCloud

TIS Inc. Launches Multi-Token Platform on Avalanche's AvaCloud

Japan’s TIS Inc., the largest payments processor, has launched a Multi-Token Platform using Avalanche's AvaCloud.
The platform supports stablecoins, tokenized deposits, and digital securities for banks and large firms.
TIS processes over ¥300 trillion annually in B2C payments, potentially reaching ¥1,000 trillion with more B2B flows on-chain.
The company manages nearly half of Japan's credit card processing and over 80% of branded debit accounts.
11 of the top 25 Japanese credit card issuers use TIS systems, providing a significant potential partner base for the new platform.

Advantages of AvaCloud

AvaCloud allows TIS to deploy blockchains without developing its own infrastructure.
Features include automated scaling, real-time governance, and reliability for regulated finance.
Fast finality and cross-chain tools enable real-time, programmable settlement between institutions.

JPYC offers a yen-backed stablecoin supported by domestic deposits and Japanese government bonds (JGBs).
No transaction fees are charged; revenue is earned from JGB interest.
This model illustrates how tokenized yen instruments might be structured on platforms like TIS's.

Banks and corporations could utilize the platform for tokenized deposits or securities.
Adoption requires clear guidelines on backing, custody, and redemption into yen.
Deployment has begun, but widespread usage will take time.