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Ripple highlights custody as 37 banks prepare for Qivalis euro stablecoin launch

10 Nov 2026, 04:30 WIB
Bitcoin
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Bullish
Ripple highlights custody as 37 banks prepare for Qivalis euro stablecoin launch

Ripple emphasized its custody and governance services as 37 banks, including BBVA and DZ BANK, prepare for Qivalis' planned euro stablecoin issuance. Qivalis, authorized by the Dutch central bank, aims to launch a fully backed stablecoin for payments and tokenized assets. Banks will decide on custody arrangements, using Ripple's technology to integrate digital assets with existing systems. This development reflects growing institutional adoption of regulated digital currencies in Europe.

Ripple's custody services and euro stablecoin plans by 37 banks provide context for digital asset interest. For readers following the cryptocurrency market, 33 of 50 major cryptocurrencies on Pluang rose today. Notably, AVAX gained 7.50% to Rp156.721, ATOM rose 4.77% to Rp24.943, and ENJ increased 4.53% to Rp419, as of Nov 10, 2026 09:11 WIB.

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