India Unveils Sovereign Stablecoin Framework to Challenge Dollar Dominance
India is stepping into the global stablecoin race with a landmark move. The country is preparing to launch its first sovereign digital currency token, the Asset Reserve Certificate (ARC), a fully rupee-backed stablecoin aimed at tightening capital controls and reducing reliance on the U.S. dollar. The rollout is scheduled for early 2026, setting the stage … Read more