Rupee-Backed ARC Token to Debut in Q1 2026 to Strengthen India’s Digital Economy
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- India’s ARC token, launching in Q1 2026, will offer a stable, rupee-backed digital currency.
- Backed by assets like government securities, ARC aims to reduce capital outflow to dollar coins.
- The ARC token will complement India’s RBI CBDC, supporting payments, remittances, and innovation.
India’s highly anticipated ARC (Asset Reserve Certificate) token is set to launch in the first quarter of 2026, marking a major step in the country’s digital economy.
The ARC token is a stable digital asset, fully backed by collateral like government securities and fixed deposits. It offers a more transparent and stable alternative to the often volatile foreign-backed stablecoins.
Notably, ARC is developed by Polygon (an Ethereum scaling company) and Anq (an India-based fintech). It aims to keep financial activity within India and strengthen the rupee’s position in the d…
Read The Full Article Rupee-Backed ARC Token to Debut in Q1 2026 to Strengthen India’s Digital Economy On Coin Edition.
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