India is preparing to launch the Asset Reserve Certificate (ARC), a government-backed digital token developed by Polygon and Anq. Unlike dollar-tied stablecoins, ARC will be fully supported by Indian government securities, strengthening domestic liquidity, promoting monetary sovereignty, and setting the stage for a sovereign-backed digital asset framework. The post India Set to Launch ARC, Government-Backed Digital Rupee Token first appeared on The Shib Daily.
source: https://news.shib.io/2025/11/07/india-set-to-launch-arc-government-backed-digital-rupee-token/