Bhutan's Gelephu Mindfulness City Unveils TER, a Sovereign Gold-Backed Digital Token on Solana

On 12 December 2025, Bhutan's Gelephu Mindfulness City announced TER, a sovereign digital token backed by the country's gold reserves and issued via DK Bank on the Solana blockchain. Matrixdock is responsible for the tokenization of the underlying gold, and the initiative forms part of Bhutan's wider push into blockchain, which also includes Bitcoin mining, a state-managed crypto reserve, and crypto payment options for tourists.