According to ChainCatcher, citing CoinDesk, India plans to launch ARC, a stable digital asset pegged 1:1 to the rupee, in the first quarter of 2026. It is being jointly developed by Polygon and local fintech company Anq.
The ARC will operate on the basis of a central bank digital currency (CBDC), adopting a two-tier structure and limited to corporate accounts. Its aim is to curb capital flows to dollar-denominated stablecoins and support domestic debt demand. This mechanism, combined with Uniswap v4 whitelist controls, strengthens compliance and safeguards monetary sovereignty.
