You know when Google jumps into a new area, things get serious fast? Well, they've just dropped theirs — their own blockchain, built for stablecoins and financial institutions to use.
What’s Happening
- Google announced GCUL (Google Cloud Universal Ledger)—a blockchain tailored for stablecoin infrastructure.
- GCUL supports high performance, Python-based smart contracts, and neutral governance.
- Stablecoin volumes have exploded, with organic annual trading topping $5T and total volume reaching $30T.
- GCUL aims to streamline financial infrastructure with APIs, stable costs, and institutional-grade compliance.
Why It Matters
This signals Google’s serious entry into fintech infrastructure, offering banks and institutions a viable platform to deploy programmable money—bridging legacy systems with blockchain innovation.
Posted Using INLEO