Google is stepping into the world of blockchain technology, preparing to release a project that could pose a serious challenge to Ripple. The Google Cloud Universal Ledger (GCUL) is currently in development and anticipated for a 2026 launch, and analysts have already begun comparing it to Ripple’s XRP Ledger (XRPL). TheCryptoBasic reported on X that GCUL’s features align closely with Ripple’s approach, including fast global payments, programmable tokenization, and transparent costs. This has sparked comparisons between the two projects as potential rivals. GCUL specifically aims to cater to financial institutions, banks, and large enterprises looking for faster settlement times and built-in compliance measures. Unlike Ripple’s XRPL, which relies on its own unique framework, GCUL utilizes Python for smart contracts. Its user-friendly design with Python aligns well with the existing systems commonly used by financial entities, making it easier to implement for them. One notable difference is GCUL’s fee model – it uses stable monthly invoices instead of Ripple’s demand-based system. Another key aspect is its neutrality, as it isn’t tied to any particular bank or competitor, potentially facilitating wider adoption. Perhaps the most significant development is the early partnership with CME Group, one of the world’s largest derivatives markets. CME is testing GCUL for tokenization and wholesale payments, a move that marks a shift away from Ripple’s dominance in the financial institution space. The opportunity to test GCUL has put pressure on Ripple’s narrative and XRP price, as institutions now have another option to consider. While Ripple boasts years of experience and established adoption in the payment industry, GCUL is still under development with a 2026 launch date, giving Ripple time to maintain its position while Google develops its network. Whether financial institutions embrace Google’s scale and technology or remain loyal to Ripple’s proven system remains to be seen, but the impact of GCUL on the competition between XRP and GCUL could significantly shape the landscape in 2026.