A Himalayan nation just dropped something wild at a major blockchain conference—their national token $TER is getting full backing from sovereign gold reserves. The kicker? Every token holder can actually redeem for physical gold bars. This sovereign-backed approach might flip the stablecoin game entirely. While most projects throw around "asset-backed" loosely, having a government treasury behind tokenization adds a legitimacy layer we haven't seen much. Could spark interesting debates about whether nation-states will race to tokenize their reserves next.