Bhutan Expands National Blockchain Strategy With Gold-Backed TER Token on Solana
Bhutan is reinforcing its digital-asset ambitions with the launch of TER, a gold-backed digital token issued by Gelephu Mindfulness City and supported under the Kingdom’s sovereign framework. The initiative advances Bhutan’s national blockchain strategy while giving global investors regulated access to tokenized gold.
A New Hybrid: Bridging Traditional Gold With Blockchain Finance
In an announcement shared Thursday, Bhutan revealed that the TER token is engineered to bridge the reliability of physical gold with the efficiency and transparency of blockchain infrastructure.
Issued on Solana, the token combines high-speed settlement with verifiable on-chain ownership.
DK Bank, Bhutan’s first licensed digital bank, will manage TER’s issuance, distribution, and custody. During the initial phase, investors can acquire the token directly through DK Bank—integrating traditional asset purchase processes with modern digital custody.
Tokenized Gold for Global Investors
TER is designed to function as an accessible, global alternative to purchasing and storing physical gold.
Its benefits include:
- Regulated, sovereign-backed structure
- Secure digital custody
- Instant global transferability
- Audited backing by gold reserves
This model aligns with the vision of Gelephu Mindfulness City, a special administrative region built to attract international capital, nurture digital-economy ventures, and position Bhutan as a blockchain-driven innovation hub.
Part of a Rising Trend: Nations Tokenizing Gold
Bhutan’s announcement comes shortly after Kyrgyzstan revealed USDKG, a gold-backed stablecoin pegged to the U.S. dollar with an initial $50 million issuance—marking one of Central Asia’s first state-supervised digital-asset programs.
Together, TER and USDKG illustrate a strategic shift among smaller nations, as they harness blockchain to tokenize traditional reserves and create transparent, regulated digital financial instruments.
Connecting to the CZ–Schiff Debate: Gold vs. Digital Value
This development also resonates strongly with themes from the earlier CZ–Peter Schiff showdown on the future of money, where the debate centered on whether gold or digital assets would dominate global value preservation.
In that discussion, Schiff championed gold as the ultimate store of value, while CZ emphasized digital assets, especially Bitcoin, as the future. The battle for value is increasingly about trust, transparency, and global accessibility.
Bhutan’s TER token sits directly at the intersection of those arguments. It represents a hybrid model—a real-world example of how nations are merging gold’s historic stability with blockchain’s speed and transparency. TER demonstrates that the debate is not strictly “gold vs. crypto,” but increasingly about tokenized, auditable, sovereign-supported value systems.
This positions TER as a real-world development that reinforces and expands on the insights explored in our previous publication on the CZ–Schiff conversation, providing a tangible case study of how gold and blockchain can coexist in the emerging digital economy.
