Google Cloud’s Universal Ledger Sparks Concerns in the XRP Space

The cryptocurrency industry is buzzing over Google Cloud’s new Universal Ledger (GCUL), a blockchain designed for financial institutions. While some see it as a watershed moment in global banking, critics are questioning its potential to challenge the dominance of Ripple’s XRP Ledger. The question: Can GCUL truly compete with XRP, which has long been lauded for its speed and low fees, paving the way for decentralized cross-border payments?