Ripple Deletes Qivalis Post and Blog Article After Commentator's Criticism

Ripple removed a social media post and related blog article about Qivalis after crypto commentator WrathofKahneman challenged the post’s connection between Ripple and the consortium’s planned euro stablecoin.

The post highlighted BBVA and DZ BANK, both Qivalis members, as existing users of Ripple Custody. It also asked whether other consortium banks would be ready when Qivalis launches its stablecoin.

WrathofKahneman (@WKahneman) argued that Ripple had not announced new partners, a role in the Qivalis stablecoin or direct participation in the project. He also pointed to Qivalis’ earlier selection of Fireblocks for the stablecoin’s infrastructure.

Qivalis, a consortium of 37 European banks, selected Fireblocks in April 2026 to build technology for tokenization, custody, wallets and compliance. The planned euro stablecoin is described as MiCA-compliant.