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Home News Bhutan has announced that it will issue the world’s first sovereign gold-backed token, TER, on Solana.

Bhutan has announced that it will issue the world's first sovereign gold-backed token, TER, on Solana.

Bhutan has announced that it will issue the world’s first sovereign gold-backed token, TER, on Solana.

BlockBeats News, December 11th, Bhutanese government officials announced another milestone collaboration with Solana at the Solana Breakpoint 2025 summit, advancing Bhutan’s journey towards becoming a “crypto-friendly nation”:

December 17, 2025 — Bhutan’s National Day — the world’s first sovereign gold-backed token will launch on the Solana blockchain. The token, named “TER,” which means “treasure” in Dzongkha, Bhutan’s official language.

TER will be pegged 1:1 to Bhutan’s national reserve of gold in real-time auditable and instant settlement SPL token form, marking its debut in the world of blockchain.

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