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Bhutan Debuts TER Gold-Backed Token on Solana
Source: CryptoNewsNet Original Title: Bhutan Debuts TER Gold-Backed Token on Solana Original Link: Bhutan is extending its national blockchain strategy with a gold-backed digital token issued by Gelephu Mindfulness City and supported by the Kingdom’s sovereign framework.
The TER token is designed to act as a new bridge between traditional value stores and blockchain-based finance.
Tokens are being issued on Solana, with distribution and custody handled by DK Bank, Bhutan’s first licensed digital bank. In the first phase, investors can acquire TER directly through DK Bank, combining the familiarity of traditional asset purchases with the transparency of on-chain ownership.
TER is designed to offer international investors an accessible, tokenized version of gold but with the benefits of digital custody and global transferability.