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21d 23h ago

Bhutan Unveils TER — World’s First Sovereign Gold-Backed Token on Solana (SOL) Blockchain for National Day 2025

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$129.99 / $124.28

Change: $5.71 (4.59%)

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COINOTAG News confirms that Bhutanese officials used the Solana Breakpoint 2025 summit to underscore a crypto-friendly economy. The announcement highlights a milestone collaboration with the Solana ecosystem, signaling a policy path that blends digital-asset innovation with robust regulatory safeguards. Industry observers view the move as a credible step in Bhutan’s long-term plan to leverage blockchain for enhanced financial inclusion and international competitiveness.

Bhutan’s National Day, December 17, 2025, will mark the launch of the world’s first sovereign gold-backed token on the Solana blockchain. Named TER (treasure in Dzongkha), the token aims to be pegged 1:1 to Bhutan’s national gold reserves, with real-time auditable settlement and instant settlement SPL-token transfers. The rollout provides a transparent, collateral-backed instrument to support reserve management and digital-finance innovation.

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