Bhutan to launch gold-backed TER token on Solana on December 17, 2025 to link bullion with digital finance

Bhutan has introduced TER, a physical gold-backed digital token issued via Gelephu Mindfulness City on the Solana blockchain, with custody provided by DK Bank, the country’s first licensed digital bank. Scheduled to launch on December 17, 2025, TER is intended to give global investors on-chain exposure to gold as part of Bhutan’s wider blockchain and economic strategy, according to Bhutan. The project seeks to combine the perceived stability of gold with the mobility and transparency of blockchain-based assets.