Sources: Polygon and Anq jointly developed ARC token, which is scheduled for trial operation in the first quarter of next year
Foresight News reported, citing CoinDesk, that sources revealed the fully collateralized stable digital asset ARC token, jointly developed by Polygon and Indian fintech company Anq, is planned to begin trial operations in the first quarter of 2026. Each ARC token will be pegged 1:1 to the Indian Rupee and can only be minted when the issuer receives cash or cash equivalents (such as term deposits, government securities, or cash balances).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The White House Disclosure Reveals Trump Holds Bonds of Multiple Companies Influenced by His Policies
Interactive Brokers launches 24/7 account funding support with USDC, plans to expand to more stablecoin options
