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ARC (AI Rig Complex) rose 34.15% in the last 24 hours.
Gate News Bot news, on November 25, according to CoinMarketCap data, ARC (AI Rig Complex) is currently priced at $0.03, with a rise of 34.15% in the last 24 hours, peaking at $0.04 and dropping to a low of $0.02. The current market capitalization is approximately $33.36 million, an increase of $8.55 million from yesterday.
ARC is a cryptocurrency project focused on the field of artificial intelligence. The project has launched a new feature called Ryzome and includes several core modules such as Registry, Forge, and Handshake. ARC also includes an experimental Emblem feature and the upcoming Ragtag feature. The project emphasizes its architecture, token economics, and community building, while maintaining interaction with users through channels such as blogs.
Important news about ARC recently:
1️⃣ India Plans to Launch ARC Stablecoin India is planning to launch a stable digital asset named ARC in the first quarter of 2026. This stablecoin will be pegged to the Indian Rupee at a 1:1 ratio and is being co-developed by Polygon and local fintech company Anq. ARC will operate on top of the central bank digital currency (CBDC) and will adopt a dual-layer structure, with issuance limited to corporate accounts.
2️⃣ ARC stablecoin is designed to support the national economy The original intention of ARC's design is to curb capital flow towards USD stablecoins and support the domestic debt demand of India. This mechanism combines Uniswap v4 whitelist control, aiming to enhance compliance and safeguard currency sovereignty. Each ARC token will only be minted when the issuer receives cash or cash equivalents, ensuring transparency, security, and compliance.
3️⃣ ARC or promote blockchain innovation in India By launching the ARC stablecoin, India aims to keep liquidity and innovation within its domestic economic system while boosting demand for public debt instruments. This initiative could bring new development opportunities to India's blockchain and cryptocurrency industry, potentially impacting related projects including AI Rig Complex.
From a technical perspective, the price of ARC (AI Rig Complex) has experienced a significant rise in the past 24 hours, possibly partially influenced by India's ARC stablecoin initiative. However, investors should note that although the names are similar, they are actually different projects. The future performance of AI Rig Complex will still largely depend on its own project progress and market acceptance.
This message is not an investment advice; investment should be cautious of market volatility risks.