While developing TCW as a deterministic economic system on Solana —where accounts represent state, programs define economic semantics, and value emerges from validated balances— sovereign initiatives are beginning to appear that follow exactly the same approach.

A recent example is Bhutan’s TER token: not as a speculative asset, but as a gold-backed balance unit, where Solana acts solely as an execution and verification layer, not as a market. TER is not meant to be bought or traded; it is used as an anchor for associated financial products whose value depends on auditable balances, not on price.

The parallel is clear: both TER and TCW’s RU/MCr do not exist to “trade”, but to structure coherent economic systems, where blockchain replaces opaque accounting with verifiable state.

We are not chasing trends. We are rediscovering fundamental principles of economic engineering… using 21st-century tools.