
Jakarta, Pintu News – According to Coinpedia, Bhutan has recently launched TER, a new token backed by gold and built on the Solana network. The token aims to provide secure digital access to physical gold.
The project is another major step in Bhutan’s evolving digital strategy, with a focus on trust, transparency and long-term value.
According to an announcement on December 10, Gelephu Mindfulness City in Bhutan officially confirmed the launch of TER, a digital token that will start operating on December 17 on the Solana blockchain network.
Read also: Silver Prices Reach All-Time High — What Does It Mean for Bitcoin?
Each TER token is backed 1:1 by audited physical gold held by DK Bank, Bhutan’s first officially regulated digital bank. This gold backing provides real stability to the token and reduces dependence on market fluctuations.
The choice of the Solana network allows TERs to enjoy high transaction speeds, low fees, and full transparency on the blockchain, making them easy to use and verify.
The launch of TER also shows Bhutan’s ambition to bridge traditional wealth like gold with modern digital systems.
Gelephu Mindfulness City, the authority behind the project, describes TER as a digital asset that aligns with Bhutan’s values of trust, sustainability and responsible growth.
Experts predict that in the early stages, TER use will most likely be focused within the City.
Technically, the project is powered by Matrixdock, a licensed digital asset platform, which provides the infrastructure to convert physical gold into blockchain-based digital tokens in a secure, regulated, and audited manner.
Read also: Fifth XRP Spot ETF set to launch after CBOE gives trading license

Bhutan is not a new player in the blockchain world. The country is already mining Bitcoin by utilizing electrical energy from hydropower plants, and reportedly has more than 5,984 BTC (worth about $538 million) in its national reserves.
In addition, Bhutan has also collaborated with services such as Binance Pay to support the digital payment system. The country has also invested in the latest blockchain technology as well as a digital identity system.
These steps have helped Bhutan build a strong and modern digital foundation, paving the way for the launch of their new gold-backed token, TER.
Other countries are doing the same, such as Kyrgyzstan which has launched a gold-based token called USDKG with a value of over $50 million. This shows that many countries now see blockchain as a modern way to utilize traditional assets like gold.
With TER, Bhutan wants to take part in this trend through the creation of a digital token that is secure, transparent, and fully backed by physical gold.
TER is a digital token backed by physical gold, launched by Bhutan on the Solana (SOL) blockchain network. Each token is backed 1:1 by audited gold.
Bhutan chose Solana blockchain because of its high transaction speed and low transaction fees, which support the need for efficiency and scalability in digital asset transactions.
Bhutan’s aim in launching the TER token is to provide secure and transparent access to gold as an asset class, as well as increase the liquidity and accessibility of gold in the global market through blockchain technology.
That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.
Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference: