todayonchain.com

India’s ARC token set to launch in Q1 2026, aims to bolster domestic economy

Crypto Briefing
India's rupee-backed ARC stablecoin, built on Polygon, is slated for a Q1 2026 launch to keep liquidity domestic.

Summary

India's Asset Reserve Certificate (ARC), a digital asset fully collateralized 1:1 by the Indian rupee, is scheduled for launch in the first quarter of 2026. Developed by Polygon and Anq, this rupee-backed stablecoin aims to safeguard monetary sovereignty by preventing liquidity from flowing into dollar-backed stablecoins and stimulating the domestic economy through increased demand for public debt instruments. The ARC ecosystem will utilize Polygon infrastructure and Uniswap v4 to ensure regulatory compliance and restricted access, operating within a two-tier framework designed to complement the Reserve Bank of India's (RBI) Central Bank Digital Currency (CBDC) while fostering compliant financial innovation.

(Source:Crypto Briefing)