🇮🇳 ARC – India’s Own Rupee Stablecoin 🇮🇳

India is stepping into the stablecoin race with ARC (Asset Reserve Certificate) — a proposed regulated, INR-pegged stablecoin. 🚀

👉 1 ARC = ₹1

👉 Backed 1:1 by cash, fixed deposits, Government Securities & T-Bills

👉 Built by Polygon + Anq

👉 Designed to work alongside RBI’s Digital Rupee (CBDC)

👉 Goal: Keep liquidity onshore and reduce reliance on USDT/USDC

The bigger picture? 👀

ARC could become a programmable private-sector layer on top of India’s sovereign digital money infrastructure.

🇮🇳 India may be building its own answer to dollar-based stablecoins.