Skip to Content

Bhutan to Introduce Gold-Backed Token on Solana Blockchain

The initiative introduces a new financial instrument, TER, pegged 1:1 to gold reserves, emphasizing...
Key Metrics

11.56

Heat Index
  • Impact Level
    Medium
  • Scope Level
    National
  • Last Update
    2025-12-12
Key Impacts
Positive Impacts (8)
Solana (SOL)
Solana Validator & Infrastructure Operators
Gold
Stablecoins & Asset-Backed Tokens Market
Digital Asset Exchanges
Blockchain Oracle & Audit Providers (e.g., Chainlink)
Total impacts: 8 | Positive: 8 | Negative: 0
Event Overview

The initiative introduces a new financial instrument, TER, pegged 1:1 to gold reserves, emphasizing transparency and efficiency. This move highlights the intersection of traditional assets and blockchain technology, with potential implications for national economic strategies and digital finance.

Collect Records
Bhutan to Launch Gold-Backed Token on Solana in 2025
2025-12-12 09:30

The Bhutanese government announced at the Solana Breakpoint 2025 summit that it will launch a gold-backed token, TER, on the Solana blockchain on December 17, 2025, which is Bhutan's National Day. The TER token will be pegged 1:1 to the gold reserves in Bhutan's treasury and will feature real-time auditability and instant settlement capabilities.

Total records: 1
Trump Administration Seeks Social Media Records for Visa Waiver Travelers
The proposal aims to enhance security by scrutinizing the social media history of travelers from...