How to set default termstore group for site collection

Copper Contributor



We have 500+ site collections on our tenant and all the managed metadata fields are tied to termsets in a Term Group. Now we're looking to provision new site collection with a new term group. Back in old day we used to have way to tie webapp to term group via central admin. 


Is there a way to make a term group default for a site collection in SharePoint Online ? 



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