PANews reported on November 20th that, according to CoinDesk, India plans to launch ARC, a stable digital asset pegged 1:1 to the rupee, in the first quarter of 2026. Developed jointly by Polygon and local fintech company Anq, ARC will operate on the basis of a central bank digital currency (CBDC), employing a two-tier structure and limited to corporate accounts. Its aim is to curb capital flows to dollar-denominated stablecoins and support domestic debt needs. This mechanism, combined with Uniswap v4 whitelist controls, strengthens compliance and monetary sovereignty protection.