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

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

The ARC token could strengthen India's financial autonomy, stimulate local investment, and reduce reliance on foreign digital currencies.

By Vivian Nguyen

Nov. 20, 2025 Updated 1:24 p.m. ET

India’s Asset Reserve Certificate (ARC), a digital asset backed 1:1 by the Indian rupee and developed by Polygon and Anq, is scheduled for release in Q1 2026, CoinDesk reported on Thursday, citing sources with knowledge of the plan.

The rupee-backed stablecoin aims to prevent liquidity outflows into dollar-backed stablecoins and support India’s domestic economy by fostering demand for public debt instruments.

Operating within a two-tier framework, ARC will complement the RBI’s Central Bank Digital Currency (CBDC), maintain monetary sovereignty, and enhance regulatory-compliant financial innovation.

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

The ARC token could strengthen India's financial autonomy, stimulate local investment, and reduce reliance on foreign digital currencies.

by Vivian Nguyen | Powered by Gloria

Nov. 20, 2025

Photo: Nino Steffen

The rupee-backed stablecoin aims to prevent liquidity outflows into dollar-backed stablecoins and support India’s domestic economy by fostering demand for public debt instruments.

Operating within a two-tier framework, ARC will complement the RBI’s Central Bank Digital Currency (CBDC), maintain monetary sovereignty, and enhance regulatory-compliant financial innovation.