India to Launch Rupee-Backed ARC Stablecoin by Q1 2026
India is set to introduce the ARC stablecoin, a rupee-backed digital currency, in early 2026. This initiative follows extensive testing of blockchain systems and central bank digital currencies (CBDCs), positioning ARC as a cornerstone of India's fintech evolution.
The 1:1 rupee-backed stablecoin aims to streamline settlements and reduce operational friction for financial institutions. Its design emphasizes compliance and interoperability with global payment rails, reflecting India's strategic push toward becoming a digital economy leader.
Regulators have balanced innovation with oversight, signaling a maturation of India's crypto policy framework. The move aligns with growing demand for efficient cross-border transactions and could reshape liquidity dynamics in emerging markets.