India to Launch Rupee-Pegged ARC Token in Q1 2026 With Polygon and Anq to Stem Stablecoin Outflows

India to Launch Rupee-Pegged ARC Token in Q1 2026 With Polygon and Anq to Stem Stablecoin Outflows
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India confirmed plans to introduce a fully collateralized rupee-linked token called the Asset Reserve Certificate (ARC) in the first quarter of 2026, according to internal documentation cited by project partners Polygon and fintech firm Anq. The initiative is designed to operate within India’s regulatory framework and run alongside the Reserve Bank of India (RBI) digital rupee infrastructure.

The ARC will be pegged 1:1 to the Indian rupee and backed by government securities and cash equivalents. Its design seeks to stem capital flight into USD-based stablecoins, a trend analysts say has expanded with global crypto adoption. Only regulated business accounts will be able to mint ARC, aligning with India’s capital control policies and supporting corporate uses such as programmable settlements and remittances.

Authorities and developers expect ARC to complement the RBI’s CBDC, enabling market-driven applications without altering monetary sovereignty. Further technical guidelines and regulatory approvals are expected in early 2026 before the proposed launch window.

Source: https://x.com/solidintel_x/status/1991431374394519660


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This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.

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