Iberdrola, BBVA and Santander run a EUR150 million syndicated loan end to end on a shared ledger
Iberdrola, BBVA and Santander ran a EUR150 million syndicated loan on DLT and call it the first live deal with its full lifecycle on-chain. The claimed savings are so far an argument, and a lender from outside the founding group would supply the first evidence.
Reality
- Evidence35
- Adoption8
- Hype gap+30
- Incentives70
- Confidence55
buildOne report1 publisher Italy's Garante fines BBVA €5.5M over an opt-out its CRM sender never received
Italy's Garante fined BBVA €5,508,000 after a failed sync kept one customer's marketing opt-out from the CRM unit that sent promotions for seven months. The EDPB published a €16.7M Wind Tre fine three days later.
Reality
- Evidence62
- Adoption
- Not scored
- Hype gap+20
- Incentives65
- Confidence58
Ripple's dollar token reaches Turkey through exchanges while Garanti BBVA's vault holds bitcoin and XRP
Ripple is pitching Turkey's nearly $200 billion crypto market with Garanti BBVA custody and its RLUSD dollar token on local exchanges. The bank's vault and the token sit in separate channels, so a Turkish customer hedging the lira on-chain still goes through an exchange.
Reality
- Evidence40
- Adoption35
- Hype gap+35
- Incentives80
- Confidence40
D-Wave opens a beta simulator for testing gate-model programs against dual-rail errors
D-Wave opened a beta of its gate-model simulator, letting customers write and test error-aware programs against its dual-rail qubit design. Teams can now check algorithms against that design's errors while fault-tolerant hardware stays on D-Wave's roadmap.
Reality
- Evidence35
- Adoption15
- Hype gap+30
- Incentives70
- Confidence40
Twenty-one institutions have set a first-half-2027 date for a jointly issued dollar token. The float arithmetic points to a different motive: defending settlement flows, not earning on reserves.
Perspective Coverage
5 publishers
- Builder
- Builder 20%
- Operator
- Operator 41%
- Investor
- Investor 39%
Reality
- Evidence72
- Adoption3
- Hype gap+12
- Incentives58
- Confidence66