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Sources: India's debt-backed ARC token tentatively scheduled for Quarter 1 2026 launch

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2025-11-20 06:33:56
According to sources, India's Asset Reserve Certificate (ARC) - a fully collateralized digital asset developed by Ethereum scaling and infrastructure development giant Polygon in collaboration with Indian fintech firm Anq - is expected to go live in Quarter 1 in 2026.
Each ARC token will be pegged to the Indian rupee at a 1:1 ratio, and will only be minted if the issuer receives cash or cash equivalents such as time deposits, government securities or cash balances, the sources said. This mechanism ensures transparency, security and compliance, making up for the shortcomings typically found in foreign-backed stablecoins or speculative tokens. Essentially, ARC is designed to prevent liquidity from flowing to dollar-backed stablecoins, keeping liquidity and innovation within India's domestic economic system while driving demand for public debt instruments.
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