Japanese payment giant TIS launches multi-token platform based on Avalanche
2025-10-28 12:09:06
TIS, one of Japan's largest payment infrastructure providers, has announced a partnership with Ava Labs to launch a blockchain-based multi-token platform designed to meet the growing demand for on-chain asset transfers from Financial Institution Groups. Based on Avalanche's enterprise-grade blockchain-building tool, AvaCloud, the platform will support the issuance, settlement, and management of stablecoins and tokenized assets compliant with Japan's Payment Services Act. TIS plans to work with banks, corporations, and government entities to promote the platform's global adoption.
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