[India Plans to Launch Debt-Backed Stablecoin ARC in Early 2026] India plans to launch a debt-backed stablecoin ARC, pegged 1:1 to the Indian Rupee, in the first quarter of 2026. The project is jointly developed by Polygon and local fintech company Anq. ARC will operate based on the Central Bank Digital Currency (CBDC) framework, adopting a two-tier structure and will be issued exclusively for corporate accounts. The aim is to reduce capital flow to USD stablecoins and support domestic debt demand. This mechanism integrates Uniswap v4's whitelist control functionality to enhance compliance and maintain monetary sovereignty.

[Junko Koeda, Bank of Japan: Inflation Risks Are Increasing] Bank of Japan Policy Board Member Junko Koeda stated that there has been no significant change in the outlook for underlying inflation, but since the Bank of Japan compiled its quarterly outlook report in October, the risks of inflation rising have increased.

[Bank of Japan Policy Board Member Junko Koeda: Long-term interest rates should be determined by the market] Bank of Japan Policy Board Member Junko Koeda stated that long-term interest rates should be determined by the market reflecting fundamentals.

Monitoring shows that the second ranked Ethereum long account on the HyperLiquid platform had its 6-fold leveraged ETH long position partially liquidated, resulting in a loss of $4.07 million. The giant whale still holds the position and currently has a floating loss of over 6 million US dollars. （Onchain Lens）

The largest SOL short address on the Hyperliquid platform, 0x35d1, has started shorting ETH and continues to increase SOL and ETH short positions using the highest leverage. The current holdings include 441393 SOLs (worth $63.55 million) and 335.58 ETH (worth $1.02 million). （Lookonchain）