Бутан запускает токен TER на Solana, обеспеченный золотом, демонстрируя инновации и уважение к традициям Headline: Bhutan Launches Gold-Backed Token TER on Solana, Showcasing Innovation While Honoring Tradition

The Special Administrative Region of Bhutan, the City of Awareness Gelendzhik (GMC), has launched the TER token on the Solana blockchain. This digital asset is backed by physical gold held in custodial storage.

The exclusive distributor is DK Bank, the nation’s first digital bank regulated by the Royal Monetary Authority. The technical infrastructure is provided by the Matrixdock platform. The name TER is derived from a term in Dzongkha meaning «treasure».

Initially, the asset can be purchased directly through DK Bank.

The GMC Board of Directors described the launch as a demonstration of how a crypto-friendly city is adopting responsible innovations while maintaining traditional values.

Experts have pointed out that tokenization offers Bhutan a way to monetize its natural resources without the need for physical extraction and export. In the future, the nation may issue tokens backed by silver or other assets.

Previously, a similar project was realized in Kyrgyzstan, which launched the national stablecoin USDKG backed by state gold reserves.

The kingdom systematically implements blockchain technologies. Since 2019, the country has been mining Bitcoin using hydropower resources.

According to Arkham Intelligence, Bhutan holds 5,984 BTC worth over $536 million, positioning it as the seventh largest national holder of the leading cryptocurrency worldwide.

In January, GMC officials announced plans to include Bitcoin, Ethereum, and BNB in their strategic reserves.

In May, the kingdom partnered with Binance Pay to implement cryptocurrency payments in the tourism sector.

It is worth noting that in October, it was revealed that Bhutan will migrate its national digital identification system from Polygon to Ethereum.