Ripple deleted a social media post and blog article that suggested a connection between Ripple and Qivalis' planned euro stablecoin after crypto commentator WrathofKahneman disputed the claim. The original post mentioned BBVA and DZ BANK, members of the Qivalis consortium, as users of Ripple Custody and questioned if other banks were ready for the stablecoin launch. WrathofKahneman pointed out that Ripple has not announced any new partners or direct involvement in Qivalis, which had chosen Fireblocks for its stablecoin infrastructure. Qivalis, a group of 37 European banks, aims to launch a MiCA-compliant euro stablecoin with Fireblocks handling tokenization, custody, wallets, and compliance technology.
Ripple's recent deletion of a social media post and blog article follows commentary challenging its connection to Qivalis' euro stablecoin. For readers following cryptocurrency markets, here is Pluang's snapshot as of Nov 12, 2026 08:41 WIB: out of 50 major cryptocurrencies, 15 rose and 34 fell. Notable moves include EOS up 8.13% at Rp12.649 with a typical hold time of 87 days, ENJ down 4.11% at Rp410, and AAVE down 3.71% at Rp2.158.741 with 64% buy order activity and a typical hold time of 107 days.
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