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About TCS Blockchain
TCS Blockchain is a Wyoming freight trade finance company unrelated to Tata Consultancy Services. Carriers convert the right to collect a freight invoice into an on-chain token and redeem it for dollars at regulated venues, with the platform taking the invoice credit risk and collecting from shippers at maturity, settling in the background with PayPal's dollar stablecoin.
It targets payment terms of thirty to one hundred eighty days that force carriers to sell invoices to factors at discounts above thirty percent of net revenue, a burden heaviest on small fleets. In March 2026 it built settlement around PayPal's stablecoin and in September the token listed on Kraken. Most supply has stayed in the company treasury since 2022, with new float released only on settlement, so liquidity depends heavily on the platform's own volume.
Listing and mechanics: TCS went live for USD spot trading on Kraken on September 9. The ERC-20 is deployed on Polygon with a 50 billion supply cap, and almost all of it has sat in the TCS Treasury since 2022; new supply is released only when users settle by selling on Kraken.
Business progress: Carriers swap freight invoice collection rights for TCS and are funded same-day or next business day, with the company saying most save 50% to 90% on costs. US annual freight spend is put at $2.58 trillion, about 9% of GDP.
TCS Blockchain (TruckCoinSwap) listed its ERC-20 token TCS on Kraken on September 9, 2026 for trading and deposits, creating a new on-chain channel for freight invoice settlement. TCS runs on Polygon with a 50 billion token cap; carriers exchange freight receivables for TCS and sell instantly on Kraken for USD, avoiding traditional factoring wait times of 30-180 days.
The TCS Blockchain roadmap targets the roughly $258 billion US annual freight settlement market, deepening payment rails with partners such as PayPal, expanding real-time mobile settlement and onboarding more logistics carriers onto the on-chain factoring network.
Todd Ziegler — Founder & CEO; authored the freight receivables white paper and drives on-chain settlement as an alternative to factoring.
Jake Centner — CTO.
Philip Schlump — Chief Commercial Officer & Lead Developer; former truck driver.