ARC aims to safeguard monetary sovereignty and stimulate domestic innovation by offering a compliant, rupee-backed digital asset for business transactions.
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.
