Google launches GCUL blockchain to compete with Ethereum in stablecoin and tokenized asset settlements

28-8-2025 – Google has introduced GCUL, a Layer-1 blockchain aimed at capturing market share from Ethereum in stablecoin and tokenized asset settlements. The Google Cloud Universal Ledger, currently in private testnet, focuses on fast, low-cost payments infrastructure for stablecoins, capital markets, and tokenized commercial bank deposits. It positions itself as an alternative to stablecoins, [. source: https://www.cointrackdaily.com/google-launches-gcul-blockchain-to-compete-with-ethereum-in-stablecoin-and-tokenized-asset-settlements/