For $dge 3$ we construct a new coupling of the trace left by a random walk on a large $d$-dimensional discrete torus with the random interlacements on $mathbb Z^d$. This coupling has the advantage of working up to macroscopic subsets of the torus. As an application, we show a sharp phase transition for the diameter of the component of the vacant set on the torus containing a given point. The threshold where this phase transition takes place coincides with the critical value $u_*(d)$ of random interlacements on $mathbb Z^d$. Our main tool is a variant of the soft-local time coupling technique of [PT12].