The fully collateralized stablecoin ARC, developed in collaboration between Polygon and Anq, is scheduled to undergo a test run in the first quarter of 2026.

BlockBeats News, November 20, according to CoinDesk's report, sources revealed that the fully-backed stablecoin ARC, jointly developed by Polygon and Indian fintech company Anq, is scheduled to undergo a pilot run 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).