Sovereign Gold on Solana – Bhutan's TER intrigues me
Bhutan's government-issued gold token on Solana offers a different trust model – sovereign backing plus on-chain transparency. Could this be a blueprint for RWAs? 🤔
I've been looking at TER – a gold-backed token issued by Bhutan's government, not a private company. That's a different trust model, right? Instead of hoping a firm holds reserves, you've got a sovereign entity behind it, with banking rails and proof-of-reserve disclosures. Built on Solana for efficiency, aligned with their carbon-negative goals.
What really caught my attention is the real-world use case – they're even accepting it for their digital nomad visa as a refundable deposit. That's not just a speculative asset; it's infrastructure for national policy. Makes me wonder if more governments will follow this path.
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