TIS is a Japanese payments company with nearly $4 billion in revenue, processing: - 85% of branded debit cards in Japan - 50% of credit card transactions in Japan - $2 trillion in transactions annually through its PAYCIERGE system TIS is launching a Layer 1 chain on Avalanche to support the issuance and settlement of digital assets under Japan's new Payment Services Act. The chain is designed to support over 50,000 transactions per second with instant finality.