According to CoinDesk, the Kingdom of Bhutan has launched a sovereign-backed gold-backed token called TER, issued through Glep Mindfulness City and custodied by DK Bank. Built on the Solana blockchain, TER provides international investors with a digital representation of physical gold, offering on-chain transparency and global transferability. The token aims to bridge the gap between traditional stores of value and blockchain-based finance, and investors can obtain TER tokens directly through DK Bank, Bhutan's first licensed digital bank.
The Kingdom of Bhutan launches TER, a gold-backed token based on Solana.
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According to CoinDesk, the Kingdom of Bhutan has launched a sovereign-backed gold-backed token called TER, which is issued through Glep Mindfulness City and custodied by DK Bank.