India plans to launch a debt-backed stablecoin ARC in early 2026.

GateNews

2025-11-20 06:47:49

ARC-11,26%

According to ChainCatcher news and a report by CoinDesk, India plans to launch a stable digital asset ARC pegged 1:1 to the rupee in the first quarter of 2026, co-developed by Polygon and local fintech company Anq. ARC will operate on the basis of Central Bank Digital Currency (CBDC) with a dual-layer structure, limited to issuance for enterprise accounts, aimed at curbing capital flows to dollar stablecoins and supporting domestic debt needs. This mechanism combines Uniswap v4 Allowlist control, enhancing Compliance and safeguarding monetary sovereignty.

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