TIS Inc., Japan’s largest payment processor, has moved to tokenized finance by launching the Multi-Token Platform on Avalanche’s AvaCloud, according to company announcements and industry reports.
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The platform is built to support stablecoins, tokenized deposits and digital securities for banks and large companies. This is a step that could change the way some institutional payments are settled within Japan.
TIS brings existing scale to tokens
According to the submissions and materials of the company, Yew The PayCierge system now processes more than ¥300 trillion in annual B2C payments. That figure could exceed ¥1,000 trillion if more B2B and payment streams move up the chain, based on the company’s internal forecasts.
TIS is not small: it handles nearly half of domestic credit card processing and supports more than 80% of branded debit accounts.
reports show 11 of Japan’s 25 leading credit card issuers use TIS systems, which together serve nearly 200 million customers. These connections give the new token platform a ready pool of potential partners.
This is a big deal.
The company that powers ~50% of credit card payments in Japan, TIS, just implemented on Avalanche🧵: pic.twitter.com/kyTFSKoYdo
— Lavina🔺 (@avax) October 28, 2025
Why Cloud Chain was chosen
Reports revealed that TIS decided to use AvaCloud so that it could deploy blockchains without building and running its own infrastructure.
AvaCloud is described as offering automated scaling, real-time management features and the reliability needed for regulated finance.
— Lavina🔺 (@avax) October 28, 2025
Avalanche’s fast finality and cross-chain tools are cited as reasons why TIS can target real-time programmable settlement between institutions.
The move means responsibility for the underlying cloud and node operations will be shared with Avalanche service.
Links to Yen Stablecoins and Reserve Models
JPYC has floated what it calls the first fully redeemable yen-backed stablecoin, seeking backing from domestic deposits and Japanese government bonds (JGBs).
JPYC said it does not charge transaction fees and earns from JGB interest. That kind of model is one example of how tokenized yen instruments could be structured on platforms like TIS’s.
What this could mean for banks and businesses
Banks and corporations may be able to launch tokenized deposits or securities on the Multi-Token platform if they join pilot programs or production programs.
However, adoption will require clear rules on support, custody and how tokens are redeemed for yen. Some of these details are now being discussed between issuers, service providers and market watchers.
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Implementation has already started in production, according to announcements, but it will take time for widespread use.
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