Google Blockchain here, looking to control the market. In a post on LinkedIn, Rich Widmann, head of the Web3 strategy in Google, revealed new details about Google Cloud Universal Ledger (GCUL).
GCUL described as crowning years of research and internal development to compete with other encrypted currencies. It is designed to be a credible neutral structure with support for Bethon’s smart contracts.
“Any financial institution you can build with GCUL,” Wadman said, noting that although Tether will not use Blockchain’s Circle, Google defines itself as a neutral layer that removes those barriers.
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Does Google build Blockchain “planet”? Should you invest in the shares of the alphabet?
Blockchain wars between the Fintech giants are heated. Stripe builds Tempo, a series that focuses on payments associated with $ 1.4 trillion processing bars, while Circle Arc, designed around Stablecoin USDC.
The Google Stadium is different: instead of locking the adoption of one ecosystem for companies, the GCUL is supposed to be joint in the plumbing – such as ETHEREUM or Polkadot – and the financial institutions of the Professor’s book can adopt it without linking it to basic competition work.
This may be a key to adoption, especially if banks, technology and payment providers are unwilling to rely on competitors’ groups.
According to Widmann’s Post, GCUL aims to be “planet scale”, support billions of users and banking class functions.
- STRIPE pace: focus on merchant flows.
- Circle’s Arc: Nature Stablecoin series with FX tools and settlement tools.
- GCUL from Google: Open Infrastructure with smart Python contracts and the distinctive code of institutional class.
If Google is able to get part of the Web3, this is a 4 -meter market that can play with it. Maybe it’s time to download on the alphabet?
The schedule also matters. Circle’s ARC is already in the experimental stage, Stripe A plans for 2026, while GCUL is in integration test with wider experiences in 2026.
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Here is what comes after that for GCUL
Stablecoins is still above 200 billion dollars, confirming the demand for reliable settlement bars. The Defi Layer-1 activity grew by 35 % on an annual basis, even amid the wider market fluctuations. If GCUL is able to put itself as a neutral base for these flows, it can capture a meaningful share of symbolic storage and recovery units.
Google plans to issue technical details “In the coming months” Because it works to start a wide range with CME and other partners.
The big question is whether the institutions will build a Google claim on neutrality or if the dependence on the technology giant will simply replace the central form of another.
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Google Blockchain here, looking to control the market. Rich Widman, head of the Web3 strategy in Google, has revealed new details.
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If Google is able to get part of the Web3, this is a 4 -meter market that can play with it. Maybe it’s time to download on the alphabet?
The post is now after you have become Google Blockchain here, should you invest in the alphabet? First appeared on 99bitcoins.