India is exploring a new kind of digital money called ARC (Asset Reserve Certificate). This is not like normal cryptocurrency and not like online trading apps. Instead it is being developed as a Government backed digital token supported by real Indian Government Securities.
Blockchain company Polygon and fintech firm Anq are working together on this model and the idea has gained attention across the financial sector.
đ What Exactly Is ARC? (Explained Simply)
Think of ARC as a digital version of a safe, government backed bond, but which you can hold on your phone like digital money.
- Every ARC token would be backed by real Indian Government bonds.
- This means the value is tied to the governmentâs financial strength, not to market gambling.
- It is NOT like Bitcoin or other risky cryptocurrencies.
If regular crypto is like a roller coaster, ARC is intended to be more like a fixed, stable bus route predictable and controlled.
How Is ARC Different From Online Trading?
Many people confuse this with online trading. Hereâs the difference:
| Online Trading | ARC (Proposed Stablecoin) |
|---|---|
| You buy and sell shares for profit | Not meant for profit or gambling |
| Prices go up and down quickly | Value stays stable |
| High risk | Low risk (because backed by government assets) |
| Not controlled by government | Designed under regulatory oversight |
| Used for earning money | Used for fast, safe digital payments |
So, ARC is not for trading or making money. It is mainly for secure digital transactions.
Why Is India Considering ARC?
Authorities believe ARC could:
- Reduce the use of foreign stablecoins in India
- Make online payments faster and cheaper
- Support digital transactions for businesses
- Bring blockchain technology under clear regulation
It could also help India build its own strong digital financial ecosystem.
Why Citizens Should Stay Aware
Even though ARC is being discussed, it has not officially launched yet. This means:
- If you see any app claiming ARC is available for trading, it is fake.
- If someone asks you to invest or promises high returns, it is a scam.
- No one from the government will message you asking for money or deposits for ARC.
- Just like Job scams, Loan apps or Fake trading apps, criminals may use the ARC name to cheat people.
Current Status
- Work is reportedly ongoing.
- Regulatory approval is still needed.
- No public release date has been declared.
That means ARC is still in development and people should wait for official announcements.
Public Advisory
Citizens are advised to:
- Avoid any âInvestment offersâ linked to ARC
- Do not download suspicious apps
- Do not share OTPs or banking details
- Report fraud attempts immediately at 1930 or cybercrime.gov.in
