India is preparing to launch ARC (Asset Reserve Certificate) in early 2026 — a fully rupee-pegged digital asset backed by government securities and developed by Polygon & Anq.

Using a “twin-rupee” architecture, CBDC will handle settlements while ARC will power programmable finance and institutional-grade on-chain liquidity. Unlike traditional stablecoins, ARC will be issued only against verified sovereign assets, helping India retain liquidity domestically and reduce dependency on USD-backed tokens. If executed well, ARC could position India as a global pioneer in regulated digital currency infrastructure.