India taps Polygon and Anq for its rupee-backed stablecoin, set to launch in early 2026

India’s ARC stablecoin, being developed in partnership with Polygon and Anq, will launch in early 2026. Tokens will be minted only for business accounts with full collateral backing. The stablecoin will operate with the RBI CBDC to retain liquidity and enable faster payments source: https://coinjournal.net/news/india-taps-polygon-and-anq-for-its-rupee-backed-stablecoin-set-to-launch-in-early-2026/