Is Google Developing an XRP Killer?

If you are thinking about investing in XRP (CRYPTO: XRP), you need to pay attention to what's happening in Silicon Valley. At the end of August, (NASDAQ: GOOG) (NASDAQ: GOOGL) 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.

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 facilitate cross-border payments between banks and financial institutions.

Source Fool.com