COINOTAG News confirms that Bhutanese officials used the Solana Breakpoint 2025 summit to underscore a crypto-friendly economy. The announcement highlights a milestone collaboration with the Solana ecosystem, signaling a policy path that blends digital-asset innovation with robust regulatory safeguards. Industry observers view the move as a credible step in Bhutan’s long-term plan to leverage blockchain for enhanced financial inclusion and international competitiveness.
Bhutan’s National Day, December 17, 2025, will mark the launch of the world’s first sovereign gold-backed token on the Solana blockchain. Named TER (treasure in Dzongkha), the token aims to be pegged 1:1 to Bhutan’s national gold reserves, with real-time auditable settlement and instant settlement SPL-token transfers. The rollout provides a transparent, collateral-backed instrument to support reserve management and digital-finance innovation.
Source: https://en.coinotag.com/breakingnews/bhutan-unveils-ter-worlds-first-sovereign-gold-backed-token-on-solana-sol-blockchain-for-national-day-2025
