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Bhutan Unveils TER Gold-Backed Token on Solana Blockchain

Bhutan Unveils TER Gold-Backed Token on Solana Blockchain

Bhutan’s government will introduce the TER sovereign gold-backed token on December 17, pegged 1:1 to national treasury gold reserves to enhance trusted digital asset infrastructure.

SOL

Summary

Bhutanese officials announced the TER gold-backed sovereign token will launch on December 17, 2025, pegged 1:1 to the country’s treasury gold. TER, meaning 'treasure' in Bhutanese, will debut on the Solana blockchain as part of Bhutan’s strategy for regulated digital asset expansion. The initiative coincides with Bhutan’s National Day and reflects the country’s intent to anchor blockchain adoption in securely backed financial instruments.

Terms & Concepts
  • Tokenized Assets: Digital representations of physical or financial assets on a blockchain, enabling fractional ownership and easier transfer.
  • CBDC (Central Bank Digital Currency): A digital form of a country's official currency issued and regulated by its central bank.
  • SPL Token: A token standard on the Solana blockchain, defining how tokens are created, managed, and transferred within the Solana network.