Bhutan to Launch Gold-Backed TER Token on Solana

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Bhutan has launched TER, its sovereign gold-backed digital token on the Solana blockchain through Gelephu Mindfulness City. Each TER represents physical gold held securely, offering stability and blockchain speed for global transfers. DK Bank, Bhutan’s first digital bank, handles distribution and custody in the initial phase. This move boosts Bhutan’s blockchain push, including BTC mining and reserves worth over $500 million.