Bhutan Launches Sovereign Gold-Backed Token on Solana

first published 2025-12-11T02:00:00Z

Bhutan introduced TER, a token issued on Solana and backed by physical gold, issued via Gelephu Mindfulness City. Distribution and custody are handled by DK Bank, Bhutan’s first licensed digital bank, with initial purchases available directly through DK Bank. The token is presented as a bridge between traditional stores of value and blockchain finance and is part of Bhutan’s broader blockchain strategy; the launch is cited alongside Kyrgyzstan’s USDKG as an example of small nations tokenizing tangible reserves.

AI Analysis

The story reports a new Solana-issued token (TER) backed by physical gold with distribution and custody handled by DK Bank and initial purchases available through the bank, positioned as part of Bhutan’s broader blockchain strategy and compared to Kyrgyzstan’s USDKG.

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