India Launches ARC Stablecoin in Q1 2026 to Bolster Domestic Economy

India’s Asset Reserve Certificate (ARC) stablecoin, launching in the first quarter of 2026, aims to bolster its domestic economy by curbing capital outflows. Backed 1:1 by the Indian rupee, this stablecoin will operate as a regulated digital asset within India’s financial framework. This initiative is designed to address concerns surrounding global shifts towards dollar-backed stablecoins and to promote greater financial stability.