Bhutan is pushing its digital economy forward by placing portions of its traditional reserves on blockchain infrastructure. As tokenized real-world assets gain momentum, the country is securing an early foothold. The introduction of TER, a gold-backed token from Gelephu Mindfulness City (GMC), strengthens Bhutan’s ongoing blockchain plans.
Bhutan surprises by entering the Ethereum universe. This small Himalayan state staked 320 ETH, nearly one million dollars, via the Figment validator, thus asserting a clear strategy of integration into the blockchain. Far from a simple investment, this initiative is part of a broader technological shift, where digital sovereignty and public infrastructure meet on Ethereum. A rare approach at the state level, redefining the contours of national engagement in the crypto ecosystem.
Ethereum is running out of steam... but that's because it's breathing emptiness! Between ETF injections, staking fridges, and digital treasures, ether is evaporating. And the price could explode.
When a zen kingdom digitizes its papers on Ethereum, Vitalik applauds, miners meditate, and tech giants… go offline. Bhutan, or the art of chaining blockchain to happiness.
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