⚡️🇧🇹 NEW - Bhutan is launching a gold-backed sovereign token on Solana!

TER will be a state-backed gold token, just issued on Solana via Gelephu Mindfulness City.

Each token will represent physical gold holdings.

DK Bank is the exclusive distributor, and Matrixdock is providing the tokenization infrastructure.

Bhutan holds 5,984 BTC (≈ $536 million) according to Arkham. The country is integrating Binance Pay into its services and already mines Bitcoin using hydroelectricity.

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Discussion

Looks like it has Chinese (Binance Pay) and Indian (Solana) fingerprints 🫆🫆 all over it.

Let's hope scams aren't all over the news soon.. 🤞

They still have 3B in public debt

Not out of the odds just yet