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India is about to take big action! In the first quarter of 2026, a digital asset called ARC is set to launch, directly pegged to the rupee at a 1:1 ratio. This thing was developed by Polygon and Anq together.



Interestingly, its operation method adopts a "two-layer" architecture. The central bank's CBDC in India is responsible for final settlement at the lower layer, while the upper layer is left to private platforms, which can handle programmable payments and cross-border remittances. However, the minting authority is tightly controlled and only open to corporate accounts.

The technical aspect has adopted the hooks mechanism of Uniswap v4. This combination not only preserves the central bank's control over the monetary system but also leaves room for innovation in the market. This move by India is exploring the balance between traditional finance and decentralized finance.
ARC-4.74%
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SchrodingerWalletvip
· 11h ago
India is really playing a big game, the combination of Central Bank control + market innovation... it's quite extraordinary.
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NonFungibleDegenvip
· 11h ago
ngl ser this two-layer architecture is actually kinda genius? like india's basically having their cake and eating it too...央行controls the money but degens get to play with programmable payments. that's lowkey bullish for adoption tbh. probably nothing but this could actually moon 2026
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blocksnarkvip
· 11h ago
India wants to have the best of both worlds, with Central Bank control + private innovation. It sounds great, but I'm afraid people from Polygon might come up with some tricks again.
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NFTArchaeologisvip
· 11h ago
The two-layer architecture trap... is somewhat similar to a mix of the ancient feudal system and the county system, with the Central Bank holding the lifeblood and the private sector responsible for creative operations. The power structure is quite intricate.
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VCsSuckMyLiquidityvip
· 11h ago
Wow, India is really playing 4D chess here. The Central Bank is tightly controlling the minting rights but is also giving developers some room... This is how CBDC should be played, right?
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ZKProofEnthusiastvip
· 11h ago
India's recent move is quite interesting. The Central Bank tightly holds the minting rights, the underlying CBDC calls the shots, and only then allows private platforms to play... This is about reaping the technological dividends without losing control.
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