Google Cloud is developing its own blockchain for payments, currently in private testnet

Decoding Google’s Layer-1 blockchain: what it means and what we know

GCUL enters private testnet, aiming for 2026 commercial rollout. Python-based smart contracts enhance developer accessibility. Google-CME partnership tests 24/7 settlement for payments and collateral. Google Cloud has officially stepped into the blockchain infrastructure space with its Layer-1 platform, Google Cloud Universal Ledger (GCUL), which entered a private testnet phase in late August 2025. The move positions Google as an emerging compet…

Google Cloud Confirms Layer One Blockchain Software Is In Private Testnet Phase

Google Cloud has confirmed that its L1 blockchain project, called Google Cloud Universal Ledger (GCUL), is currently in the private testnet phase. Rich Widmann, who leads Web3 strategy at Google, said GCUL is the result of years of research and development in distributed ledger technology. Wildmann confirmed that GCUL incorporates Python-based smart contracts. He added that the L1 blockchain technology is being built as a neutral solution that w…

Google Cloud Develops Blockchain for Payment Processing - Blockchain & Cryptocurrencies Tabloid

Google Cloud launches its blockchain, GCUL, targeting the $3 trillion payments market.

Google Cloud Launches New Blockchain to Take On Ripple and Circle

The move positions Google against established players such as Ripple, Circle, and Stripe, who already dominate global settlement infrastructure. The announcement comes as Google expands its reach in the crypto ecosystem, including a recent investment boost in Bitcoin miner CleanSpark. According to Rich Widmann, Global Head of Web3 Strategy at Google Cloud, GCUL is engineered to be simple, flexible, and secure, catering primarily to financial ins…

Google Layer 1 blockchain set to transform payments

A Bold Step Into Blockchain Infrastructure With the debut of the Google Layer 1 blockchain, a strong new player has joined the fight to reshape financial infrastructure. The new platform, created as a neutral, enterprise-focused ledger, is intended to handle tokenized assets, settle payments, and provide 24/7 assistance to worldwide institutions. Early pilots have proved its capacity to manage collateral and margin settlements at a lower cost th…