Does Alphabet's New Blockchain Bet Spell Doom for XRP?

Key Points Alphabet's Google Cloud unit is going to launch a blockchain. That blockchain aims to be the place for financial institutions to do business. Ripple wants the same thing for the XRP Ledger. 10 stocks we like better than Alphabet › Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) Google Cloud unit just announced that it's in the process of developing the Google Cloud Universal Ledger (GCUL), a new Layer-1 (L1) blockchain intended for financial institutions. Pilot programs have begun with capita ...