A new blockchain project from Google could have enormous consequences for XRP investors.

If you are thinking about investing in XRP ( XRP 0.83% ) , you need to pay attention to what's happening in Silicon Valley. At the end of August, Alphabet ( GOOG 1.04% ) ( GOOGL 1.13% ) launched a new blockchain project called Google Cloud Universal Ledger (GCUL) that some have already dubbed a potential XRP killer.

But is that really the case? Here's what you need to know about Google's latest project, and how it might affect XRP's price.

What is the Google Cloud Universal Ledger?

The Google Cloud Universal Ledger (GCUL) is a Layer-1 blockchain, just like the XRP Ledger (XRPL), which is the blockchain powered by XRP. And, just like the XRP Ledger, GCUL has been optimized to

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