---
title: "ARC (ARC) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/arc-anq/"
description: "Build-time stablecoin profile for ARC (ARC). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# ARC (ARC)

**Peg:** Indian Rupee

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** pre-launch

## Overview

ARC is a pre-launch INR stablecoin from Anq, designed for a regulated 1:1 rupee peg backed by cash, fixed deposits, and Indian government securities. ARC is India's first attempt at a regulated rupee stablecoin, built by Anq with Polygon's backing and designed to prevent the USD liquidity outflow that India's regulators have been quietly panicking about since USDT volumes on Indian exchanges started dwarfing domestic payment rail throughput. The collateral — cash, fixed deposits, and Indian government securities — reads like a mutual fund prospectus, with {{term:custody}}custody{{/term}} at regulated Indian banks, and the two-tier framework is explicitly designed to complement rather than compete with the RBI's digital rupee CBDC. The Uniswap v4 whitelisting for compliance is a novel technical approach to the 'permissioned token on a permissionless chain' problem, and primary {{term:redemption}}redemption{{/term}} will run through KYC-gated issuer rails rather than open market making. Whether India's regulatory apparatus will actually let a private rupee stablecoin operate alongside its CBDC remains the existential question that no amount of technical architecture can answer.

## Collateral

1:1 Indian Rupee reserves collateralized by cash, fixed deposits, and Indian government securities; two-tier framework complementing RBI's digital rupee CBDC

## Peg Mechanism

Proposed issuer-managed INR peg: ARC is expected to trade 1:1 with the Indian rupee and be minted only after issuers acquire eligible cash or cash-equivalent reserves such as cash balances, fixed deposits, or government securities; business-account issuance and whitelisted transfers are intended to keep the token inside India's regulated payments perimeter

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| India | N/A | N/A |

## Live Data

This is a pre-launch stablecoin profile. Live API data is not available until launch.