Tag: stablecoin
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India’s ARC Stablecoin: Strategic Initiative to Establish Rupee-Backed Altcoin Infrastructure
India is positioning itself as a major player in the global stablecoin revolution with plans to launch ARC (likely standing for Asset Reserve Coin or similar designation)—a rupee-backed stablecoin designed to operate within a sophisticated two-tier regulatory framework alongside the Reserve Bank of India’s (RBI) digital rupee. The initiative represents a comprehensive strategy to maintain financial sovereignty, reduce dependency…