Google Cloud is rolling out the Google Cloud Universal Ledger (GCUL). It facilitates faster and cheaper cross-border payments and settlements of digital assets.
The Google Cloud Universal Ledger isn’t just another blockchain experiment.
Why Payments Need Fixing
Exchanging money can be hectic and expensive across international borders. Every year, businesses conduct billions of transactions using outdated banking systems that require days to complete each transaction.
In 2024, Stablecoins were the most suitable choice for transactions. People used them to facilitate transactions of over $5 trillion with minimal hassle. However, stablecoins still have issues with regulations, rules, and trust.
Stablecoin transactions hit $39.5 trillion last year and are expected to cross $187B by 2028.
The growing demand paired with the newest GENIUS Act projects an upward momentum for stablecoin payments.
No longer treated as securities or commodities, stablecoin’s expansion into… pic.twitter.com/ZM1dh64eVK
— Swapin (@swapincom) August 22, 2025
Google Cloud Universal Ledger
GCUL merges blockchain benefits with the safety of TradFi. High costs related to settlement delays and fragmentation continue to plague capital markets. It’s a private, permissioned blockchain built by Google Cloud, now in testing with CME.
Big Tech is no longer just “watching” crypto, @googlecloud just dropped its own L1: GCUL.
+ Private testnet live
+ Smart contracts in Python
+ Global payments baked in
+ Ledger running 24/7 at “planetary” scaleEven teamed up with CME to roll out tokenized assets.
The twist?… pic.twitter.com/cKt0Ybwm6y
— andrew.moh (@0xAndrewMoh) August 27, 2025
Here’s what it offers:
- Simple integration: A single API provides access to many currencies and assets.
- Flexibility: Ready-to-scale programmable payments and digital asset tools.
- Safety: KYC-verified accounts and regulatory alignment.
To the customers, it translates to near real-time 24/7 payments, automation, and minimal costs. It provides financial institutions with lower costs, reduced fraud, and increased innovation.
.@Google, the 4th most valuable company in the world, is launching their own L1.
Watch, during Injective’s webinar with @googlecloud, to learn how Google’s crypto strategy took shape with the creation of their web3 portal bringing dev tools, with Injective, to the masses. pic.twitter.com/VmvAAnPut5
— Injective 🥷 (@injective) August 27, 2025
More Than Payments
The impact goes beyond payments. Capital markets continue to face high costs due to settlement delays and fragmentation. With GCUL, atomic settlement reduces risk and opens liquidity by matching fees and transfers. It can become a source of new opportunities in digital connections, financial resources, and other valuable assets.
Google Cloud has announced the launch of its L1 blockchain, GCUL, which simplifies cross-border payments and asset settlements through a distributed ledger. GCUL is currently in a private testnet phase and announced a partnership with CME earlier this year to pilot tokenized… pic.twitter.com/QbH9A2Q33m
— Wu Blockchain (@WuBlockchain) August 27, 2025
The Google Cloud Universal Ledger is a bold financial move. It syncs payments and capital markets by combining blockchain speed with traditional compliance. The much-needed upgrade in the digital payments, stablecoins, and digital assets could be GCUL.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies presented are the thoughts and opinions of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments; therefore, please conduct your due diligence. Copyright Altcoin Buzz Pte Ltd.
The post Google Unveils L1 Blockchain: Google Cloud Universal Ledger appeared first on Altcoin Buzz.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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