The post India to Launch ARC Stablecoin Pegged to Rupee in 2026 appeared on BitcoinEthereumNews.com. Key Points: India to introduce ARC stablecoin, backed by rupee, in 2026. Targets reduced outflows to USD-backed stablecoins. Developed by Polygon and Anq, supporting domestic debt needs. India plans to introduce ARC, a stable asset tied 1:1 to the rupee, in early 2026, leveraging blockchain technology from Polygon and fintech firm Anq. This launch addresses India’s capital flow concerns, potentially impacting USD stablecoins and enhancing domestic financial stability by integrating with the Reserve Bank of India’s digital currency. ARC Stablecoin to Rival USD Alternatives in India ARC is designed as a stable digital instrument linked directly to the rupee, representing a shift in India’s approach to digital assets. The digital currency will be rolled out through corporate accounts, ensuring compliance and financial stability by utilizing a two-tier structure. The Reserve Bank of India will oversee ARC’s operations via its Central Bank Digital Currency framework, emphasizing financial autonomy. The launch is expected to affect currency flows, with a likely reduction in capital outflows to USD stablecoins. By encouraging the utilization of INR-backed stablecoins, the domestic market may see increased demand for government bonds and treasuries. The project aligns with India’s financial strategies, addressing liquidity needs using local resources. Market responses indicate cautious optimism. Sandeep Nailwal, Polygon’s co-founder, expressed confidence about India’s digital currency initiatives, stating that the country’s financial landscape is poised for innovation. The Government has yet to release detailed statements, but project documents suggest compatibility with RBI policies. “This is not another crypto coin. It’s a sovereign-backed digital instrument… The idea is to turn tokenization into a tool for strengthening India’s balance sheet, not someone else’s.” – ARC Project Documentation Potential Economic Impact and Regulatory Changes Did you know? The ARC stablecoin seeks to mimic initiatives such as China’s Digital Yuan, illustrating India’s strategy to bolster financial sovereignty through… The post India to Launch ARC Stablecoin Pegged to Rupee in 2026 appeared on BitcoinEthereumNews.com. Key Points: India to introduce ARC stablecoin, backed by rupee, in 2026. Targets reduced outflows to USD-backed stablecoins. Developed by Polygon and Anq, supporting domestic debt needs. India plans to introduce ARC, a stable asset tied 1:1 to the rupee, in early 2026, leveraging blockchain technology from Polygon and fintech firm Anq. This launch addresses India’s capital flow concerns, potentially impacting USD stablecoins and enhancing domestic financial stability by integrating with the Reserve Bank of India’s digital currency. ARC Stablecoin to Rival USD Alternatives in India ARC is designed as a stable digital instrument linked directly to the rupee, representing a shift in India’s approach to digital assets. The digital currency will be rolled out through corporate accounts, ensuring compliance and financial stability by utilizing a two-tier structure. The Reserve Bank of India will oversee ARC’s operations via its Central Bank Digital Currency framework, emphasizing financial autonomy. The launch is expected to affect currency flows, with a likely reduction in capital outflows to USD stablecoins. By encouraging the utilization of INR-backed stablecoins, the domestic market may see increased demand for government bonds and treasuries. The project aligns with India’s financial strategies, addressing liquidity needs using local resources. Market responses indicate cautious optimism. Sandeep Nailwal, Polygon’s co-founder, expressed confidence about India’s digital currency initiatives, stating that the country’s financial landscape is poised for innovation. The Government has yet to release detailed statements, but project documents suggest compatibility with RBI policies. “This is not another crypto coin. It’s a sovereign-backed digital instrument… The idea is to turn tokenization into a tool for strengthening India’s balance sheet, not someone else’s.” – ARC Project Documentation Potential Economic Impact and Regulatory Changes Did you know? The ARC stablecoin seeks to mimic initiatives such as China’s Digital Yuan, illustrating India’s strategy to bolster financial sovereignty through…

India to Launch ARC Stablecoin Pegged to Rupee in 2026

2025/11/20 15:07
Key Points:
  • India to introduce ARC stablecoin, backed by rupee, in 2026.
  • Targets reduced outflows to USD-backed stablecoins.
  • Developed by Polygon and Anq, supporting domestic debt needs.

India plans to introduce ARC, a stable asset tied 1:1 to the rupee, in early 2026, leveraging blockchain technology from Polygon and fintech firm Anq.

This launch addresses India’s capital flow concerns, potentially impacting USD stablecoins and enhancing domestic financial stability by integrating with the Reserve Bank of India’s digital currency.

ARC Stablecoin to Rival USD Alternatives in India

ARC is designed as a stable digital instrument linked directly to the rupee, representing a shift in India’s approach to digital assets. The digital currency will be rolled out through corporate accounts, ensuring compliance and financial stability by utilizing a two-tier structure. The Reserve Bank of India will oversee ARC’s operations via its Central Bank Digital Currency framework, emphasizing financial autonomy.

The launch is expected to affect currency flows, with a likely reduction in capital outflows to USD stablecoins. By encouraging the utilization of INR-backed stablecoins, the domestic market may see increased demand for government bonds and treasuries. The project aligns with India’s financial strategies, addressing liquidity needs using local resources.

Market responses indicate cautious optimism. Sandeep Nailwal, Polygon’s co-founder, expressed confidence about India’s digital currency initiatives, stating that the country’s financial landscape is poised for innovation.

The Government has yet to release detailed statements, but project documents suggest compatibility with RBI policies.

Potential Economic Impact and Regulatory Changes

Did you know? The ARC stablecoin seeks to mimic initiatives such as China’s Digital Yuan, illustrating India’s strategy to bolster financial sovereignty through blockchain technology.

Recent Ethereum data reveals the following: the current price stands at $3,013.48, with a market cap worth $363.72 billion. As an integral component of Polygon’s Layer 2 infrastructure, Ethereum may indirectly be affected by ARC’s execution. Notable price shifts include a 15% weekly drop and a 32.91% decrease over 60 days, as reported by CoinMarketCap on November 20, 2025.

Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 06:48 UTC on November 20, 2025. Source: CoinMarketCap

Insights from the Coincu research team suggest that if successful, the ARC introduction could lead to regulatory adjustments compatible with international blockchain standards. The decision to back ARC with national securities might enhance investor trust, potentially stabilizing the domestic economy and strengthening India’s digital asset infrastructure.

Source: https://coincu.com/news/india-launches-arc-stablecoin-2026/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

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The post Major support at 1.1470 is unlikely to come under threat – UOB Group appeared on BitcoinEthereumNews.com. Euro (EUR) could test 1.1500 before rebounding; the major support at 1.1470 is unlikely to come under threat. In the longer run, the bias for EUR has shifted to the downside; it is too early to tell if it can reach 1.1470, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Might test 1.1500 before rebounding 24-HOUR VIEW: “Two days ago, we expected EUR to ‘test 1.1570’. After EUR subsequently dropped to a low of 1.1570, we highlighted yesterday, when EUR was at 1.1590, that ‘there is a chance for EUR to test 1.1560’. We stated that ‘the major support at 1.1540 is still unlikely to come into view’. Our view of a weaker EUR was correct, but we did not anticipate the sharp decline that easily broke below 1.1540 (low was 1.1517). Although EUR rebounded from the low, the weakness has not stabilised. Today, EUR could test 1.1500 before a more sustained rebound can be expected. The major support at 1.1470 is unlikely to come under threat. Resistance levels are at 1.1555 and 1.1575.” 1-3 WEEKS VIEW: “We highlighted on Tuesday (18 Nov, spot at 1.1590) that EUR ‘is expected to trade in a range between 1.1540 and 1.1640’. Yesterday, EUR dropped sharply and broke below 1.1540. The bias has shifted to the downside, even though it is currently too early to tell whether EUR can reach the early-month low, near 1.1470. Overall, only a breach of 1.1595 (‘strong resistance’ level) would indicate the downward bias has faded.” Source: https://www.fxstreet.com/news/eur-usd-major-support-at-11470-is-unlikely-to-come-under-threat-uob-group-202511200843
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