Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Finance
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Bhutan Debuts TER Gold-Backed Toke
Finance
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Bhutan Debuts TER Gold-Backed Toke
Bhutan Debuts TER Gold-Backed Token on Solana
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
Bhutan Debuts TER Gold-Backed Token on Solana
The Himalayan kingdom introduced TER, a Solana-based token backed by physical gold and issued through Gelephu Mindfulness City.
By Jamie Crawley, AI Boost|Edited by Nikhilesh De
Dec 11, 2025, 2:00 a.m.
What to know:
- Bhutan introduced TER, a sovereign-supported gold-backed token issued via Gelephu Mindfulness City and custodied by DK Bank, offering a blockchain-based representation of physical gold.
- The token runs on Solana, giving international investors digital portability and on-chain transparency while mimicking the experience of traditional gold purchases.
- TER follows Kyrgyzstan’s USDKG launch, highlighting a growing trend of smaller nations issuing asset-backed digital currencies tied to audited reserves as part of broader economic and technological strategies.
Bhutan is extending its national blockchain strategy with a gold-backed digital token issued by Gelephu Mindfulness City and supported by the Kingdom’s sovereign framework.
The TER token is designed to act as a new bridge between traditional value stores and blockchain-based finance, according to an emailed announcement on Thursday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up
Tokens are being issued on Solana, with distribution and custody handled by DK Bank, Bhutan’s first licensed digital bank. In the first phase, investors can acquire TER directly through DK Bank, combining the familiarity of traditional asset purchases with the transparency of on-chain ownership.
TER is designed to offer international investors an accessible, tokenized version of gold but with the benefits of digital custody and global transferability, the release said.
Bhutan's Gelephu Mindfulness City is a special administrative region designed to attract global investment, using digital assets for its financial reserves and innovation ecosystem, forming a key part of Bhutan's blockchain strategy to diversify its economy and create a digitally-focused future.
Bhutan’s announcement comes just days after Kyrgyzstan unveiled USDKG, a gold-backed stablecoin pegged to the U.S. dollar, with an initial issuance of $50 million — representing one of Central Asia’s first state-supervised digital-asset initiatives.
TER and USDKG demonstrate a pattern of small nations using blockchain to fuse traditional assets like gold with regulated digital finance — offering a new template for digital-asset development rooted in tangible, audited reserves.
BhutanGoldSolana News
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
Stripe Acqui-Hires Crypto Payments Startup Valora, Venturing Further Into Stablecoins
The team behind the Celo-based app is joining Stripe, while the intellectual property is returned to cLabs.
What to know:
- The team behind Valora, a crypto payments app, is joining Stripe to advance its blockchain and stablecoin integration.
- Stripe recently acquired crypto firms Bridge and Privy, and is developing with Paradigm the Tempo blockchain for stablecoin payments.
- Valora, built on the Celo network, became a standalone company in 2021 after raising $20 million.
Read full story
Latest Crypto News
Asia Morning Briefing: Fed Cut Brings Little Volatility as Bitcoin Waits for Japan
State Street and Galaxy to Launch Tokenized Liquidity Fund on Solana in 2026
Crypto CEOs Join U.S. CFTC's Innovation Council to Steer Market Developments
Stripe Acqui-Hires Crypto Payments Startup Valora, Venturing Further Into Stablecoins
U.S. Banking Regulator Warns Wall Street on 'Debanking,' Claims Practices 'Unlawful'
Bitcoin Swings Wildly as Fed's Powell Straddles Labor Market and Inflation Issues
Top Stories
Bitcoin Swings Wildly as Fed's Powell Straddles Labor Market and Inflation Issues
Federal Reserve Cuts Rates 25 Basis Points, With Two Members Voting for Steady Policy
Crypto CEOs Join U.S. CFTC's Innovation Council to Steer Market Developments
U.S. Banking Regulator Warns Wall Street on 'Debanking,' Claims Practices 'Unlawful'
Consumer Groups Join Unions Trying to Derail U.S. Crypto Market Structure Bill
Paxful Pleads Guilty to Aiding Crime, Ignoring AML Laws
Market Opportunity
TokenFi Price(TOKEN)
$0.002865
$0.002865$0.002865
USD
TokenFi (TOKEN) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip
The post Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip appeared on BitcoinEthereumNews.com. Gold is strutting its way into record territory, smashing through $3,700 an ounce Wednesday morning, as Sprott Asset Management strategist Paul Wong says the yellow metal may finally snatch the dollar’s most coveted role: store of value. Wong Warns: Fiscal Dominance Puts U.S. Dollar on Notice, Gold on Top Gold prices eased slightly to $3,678.9 […] Source: https://news.bitcoin.com/gold-hits-3700-as-sprotts-wong-says-dollars-store-of-value-crown-may-slip/
Share
BitcoinEthereumNews2025/09/18 00:33
XRP Price News: Elon Musk Confirms X Money Crypto Plans as Pepeto’s Three Products Approach Launch and the 537x Window Stays Open
Elon Musk just told the world that X Money is adding crypto. When a platform with hundreds of millions of users integrates cryptocurrency, the market pays attention
Share
Techbullion2026/03/07 08:37
CME Group to Launch Solana and XRP Futures Options
The post CME Group to Launch Solana and XRP Futures Options appeared on BitcoinEthereumNews.com. An announcement was made by CME Group, the largest derivatives exchanger worldwide, revealed that it would introduce options for Solana and XRP futures. It is the latest addition to CME crypto derivatives as institutions and retail investors increase their demand for Solana and XRP. CME Expands Crypto Offerings With Solana and XRP Options Launch According to a press release, the launch is scheduled for October 13, 2025, pending regulatory approval. The new products will allow traders to access options on Solana, Micro Solana, XRP, and Micro XRP futures. Expiries will be offered on business days on a monthly, and quarterly basis to provide more flexibility to market players. CME Group said the contracts are designed to meet demand from institutions, hedge funds, and active retail traders. According to Giovanni Vicioso, the launch reflects high liquidity in Solana and XRP futures. Vicioso is the Global Head of Cryptocurrency Products for the CME Group. He noted that the new contracts will provide additional tools for risk management and exposure strategies. Recently, CME XRP futures registered record open interest amid ETF approval optimism, reinforcing confidence in contract demand. Cumberland, one of the leading liquidity providers, welcomed the development and said it highlights the shift beyond Bitcoin and Ethereum. FalconX, another trading firm, added that rising digital asset treasuries are increasing the need for hedging tools on alternative tokens like Solana and XRP. High Record Trading Volumes Demand Solana and XRP Futures Solana futures and XRP continue to gain popularity since their launch earlier this year. According to CME official records, many have bought and sold more than 540,000 Solana futures contracts since March. A value that amounts to over $22 billion dollars. Solana contracts hit a record 9,000 contracts in August, worth $437 million. Open interest also set a record at 12,500 contracts.…
Share
BitcoinEthereumNews2025/09/18 01:39