{"id":16295,"date":"2025-11-20T10:23:27","date_gmt":"2025-11-20T10:23:27","guid":{"rendered":"https:\/\/bitunikey.com\/news\/india-launches-rupee-pegged-digital-asset-arc-with-polygon-and-anq\/"},"modified":"2025-11-20T10:23:35","modified_gmt":"2025-11-20T10:23:35","slug":"india-launches-rupee-pegged-digital-asset-arc-with-polygon-and-anq","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/india-launches-rupee-pegged-digital-asset-arc-with-polygon-and-anq\/","title":{"rendered":"India launches rupee-pegged digital asset Arc with Polygon and Anq"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">India plans rupee-backed Arc token with Polygon, Anq in 2026.<\/p>\n<div id=\"cn-block-summary-block_9bf3a2f5fffbf607452067688ebe835b\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>India to launch a rupee-pegged digital asset (Arc) in 2026, developed by Polygon and Anq.<\/li>\n<li>Arc aims to counter US dollar stablecoins and keep liquidity within India, backed by government securities.<\/li>\n<li>The system features a dual-layer architecture (RBI\u2019s CBDC for settlement, Arc for programmable payments), limited to corporate accounts.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>India is preparing to launch a regulated, rupee-pegged digital asset in early 2026, according to sources familiar with the project.<\/p>\n<p>The Asset Reserve Certificate (ARC), a debt-backed token linked 1:1 to the rupee, has been developed by Polygon and fintech firm Anq. The digital asset is designed to counter the dominance of dollar-backed stablecoins in the Indian market, the sources said.<\/p>\n<p>The ARC will operate alongside the Reserve Bank of India\u2019s (RBI) Central Bank Digital Currency (CBDC), forming a dual-layer digital payments architecture, according to the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.ethnews.com\/india-prepares-rupee-backed-arc-digital-asset-for-2026-launch-as-alternative-to-dollar-stablecoins\/\" target=\"_blank\" rel=\"nofollow\">sources<\/a>.<\/p>\n<h2 class=\"wp-block-heading\">Digital assets in India robust<\/h2>\n<p>The digital asset aims to retain liquidity within India\u2019s domestic financial system. Policymakers have raised concerns that Indian capital is increasingly flowing into USD-denominated stablecoins, which could weaken the rupee\u2019s position and complicate monetary control, the sources said.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The ARC will be fully backed by Indian government securities (G-Secs) and Treasury Bills, ensuring price stability and alignment with national monetary policy objectives while enhancing demand for government debt, according to the project details.<\/p>\n<p>The initiative operates as a two-tiered framework. Tier 1 consists of the RBI\u2019s CBDC, which serves as the official settlement infrastructure. Tier 2 comprises the ARC token layer, enabling programmable payments, automated transactions, remittances, and digital financial services.<\/p>\n<p>Only corporate accounts will be permitted to generate new ARC token supply, not individuals. This restriction is designed to ensure compliance with India\u2019s foreign exchange regulations and prevent consumer-level speculative activity, the sources said.<\/p>\n<p>The project represents India\u2019s effort to digitize financial infrastructure while maintaining regulatory oversight. By creating a domestic alternative to US dollar stablecoins, India seeks tighter control over liquidity, capital flows, and digital payments innovation, according to analysts.<\/p>\n<p>If launched as planned in the first quarter of 2026, the ARC could become a significant component of India\u2019s digital asset ecosystem, supporting fintech development and strengthening the rupee\u2019s digital presence, the sources said.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>India plans rupee-backed Arc token with Polygon, Anq in 2026. Summary India to launch a rupee-pegged digital asset (Arc) in 2026, developed by Polygon and Anq. Arc aims to counter&hellip;<\/p>\n","protected":false},"author":1,"featured_media":16296,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=16295"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16295\/revisions"}],"predecessor-version":[{"id":16297,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/16295\/revisions\/16297"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/16296"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=16295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=16295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=16295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}