Bhutan’s Gold Token: Solana’s New BFF? 😬

Bhutan just dropped TER, a gold-backed token on Solana, because why not? 🤯 Now you can own gold without ever leaving your couch-or your NFT collection. Bonus: It’s “sovereign-backed,” which sounds fancy but probably means someone in a suit nodded.

CBDCs, Bitcoin hoarding, and moving your ID to Ethereum by 2026. Because nothing says “trust us” like a 4-year timeline. ⏳

Bhutan’s TER token is here, backed by actual gold (shocking, I know) and built on Solana. The GMC said it “represents gold holdings”-which is just a euphemism for “we’re blockchain now, bro.”

Bhutan and Solana: A Match Made in HODL Heaven

TER lives on Solana, giving investors on-chain transparency. Translation: You can stare at a blockchain while pretending you understand it. The token also lets you “own” gold without ever seeing a single nugget. Classy.

TER is basically gold 2.0-same glitz, less mining. DK Bank handles distribution, and Matrixdock connects the token to actual gold. Because nothing says “trust” like a third-party intermediary. 🤷♂️

This move is part of Bhutan’s “digital everything” plan, which includes a Ripple CBDC pilot (because Bitcoin wasn’t enough), Bitcoin hoarding (because “strategic reserves” sounds less greedy), and migrating IDs to Ethereum. By 2026, your ID will be on a blockchain. You’ll thank me later.

Bhutan’s National Digital Identity is moving to Ethereum by 2026. Why? Who knows. But by then, we’ll all be using crypto for groceries. 🍲💸

TER promises instant settlement, global portability, and “transparent collateral verification.” In other words: it’s gold, but with more acronyms. The GMC calls it a “government-backed tokenized asset.” I call it a very expensive Monopoly money upgrade. 🎲

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2025-12-11 10:48