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Cumberland to Aid Bhutan in Launching National Stablecoin

cryptonews100_tggfrn by cryptonews100_tggfrn
December 16, 2025
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Cumberland to Aid Bhutan in Launching National Stablecoin
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Cumberland to Aid Bhutan in Launching National Stablecoin

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Bhutan’s GMC and Cumberland DRW to develop digital asset ecosystem.

The Gelephu Mindfulness Metropolis (GMC) Particular Financial Zone in Bhutan and market maker Cumberland DRW have signed a memorandum of understanding. The companions will concentrate on growing the dominion’s digital asset ecosystem and monetary infrastructure.

Bhutan and Cumberland DRW have signed a multi-year MoU to construct a accountable digital asset ecosystem in Gelephu Mindfulness Metropolis, guided by the imaginative and prescient of His Majesty King Jigme Khesar Namgyel Wangchuck.

The partnership focuses on sustainable digital asset infrastructure,… pic.twitter.com/IJR7t3oHYl

— gmcbhutan (@gmcbhutan) December 15, 2025

The events have outlined key areas of cooperation:

  • improvement of a regulatory framework for cryptocurrencies;
  • eco-friendly mining and AI computations;
  • yield technology from the nation’s crypto reserves;
  • creation of infrastructure for a nationwide stablecoin.

The collaboration may even concentrate on coaching specialists and strengthening the nation’s institutional capabilities.

The mission shall be led by Inexperienced Digital Ltd (a subsidiary of GMC) on the Bhutanese aspect. The corporate will present computing facilities powered by renewable vitality. Cumberland will supply entry to international liquidity and buying and selling experience.

Gelei Jamtsho, Chairman of Inexperienced Digital Ltd, acknowledged that the partnership will mix Bhutan’s “inexperienced” infrastructure with capital markets. Donald Wilson, founding father of buying and selling agency DRW, confirmed the corporate’s readiness to assist the event of a contemporary digital financial system in the area.

The Position of Digital Economic system in Bhutan

Bhutan is likely one of the first state bitcoin miners, using hydropower. In accordance to Bitcoin Treasuries, Bhutan ranks seventh globally in digital gold reserves, holding 5,984 BTC valued at over $536 million.

Screenshot 2025-12-15 162014
Supply: Arkham Intelligence.

Earlier this yr, GMC management announced plans to diversify strategic reserves by including Bitcoin, Ethereum, and BNB. Later, by means of collaboration with Binance Pay, the dominion’s tourism sector introduced cryptocurrency fee choices. 

In October, Bhutan decided to transition its nationwide digital id system from the Polygon blockchain to Ethereum. In December, GMC issued a gold-backed token TER on the Solana blockchain.

Beforehand, ForkLog explored how one of many world’s most secluded international locations taught the world about “inexperienced” mining.

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