Scotland way behind (first Jock flag in at no. 31).
England and Wales will have to lead the Jocks back to freedom, ... obviously lost their confidence under paedo-rule.
The SUMMER, 2025 Edition of
'THE PACTS, INTERNATIONALQUARTERLYJOURNAL'
is now Published!
Thursday, August 28, 2025
Mobile link - https://preview.mlsend.com/q3e9j1p3h3
Greetings, everyone.
We are pleased to announce that the SUMMER, 2025 issue of our PACTS, INTERNATIONAL QUARTERLY JOURNAL is now published and ready for review and/or purchase.
Just click on the blue tab below to reach the magazine website.
*Now $5.00 per issue*
And always remember: HELP IS ON THE WAY!
Cheers & Blessings,
Derrick
The SUMMER, 2025 EDITION OF "THE PACTS, INTERNATIONAL QUARTERLY JOURNAL"
Let Us Strive to Thrive in 2025!
PACTS, International
PO Box 1925
Twentynine Palms, CA 92277
United States
'THE PACTS, INTERNATIONALQUARTERLYJOURNAL'
is now Published!
Thursday, August 28, 2025
Mobile link - https://preview.mlsend.com/q3e9j1p3h3
Greetings, everyone.
We are pleased to announce that the SUMMER, 2025 issue of our PACTS, INTERNATIONAL QUARTERLY JOURNAL is now published and ready for review and/or purchase.
Just click on the blue tab below to reach the magazine website.
*Now $5.00 per issue*
And always remember: HELP IS ON THE WAY!
Cheers & Blessings,
Derrick
The SUMMER, 2025 EDITION OF "THE PACTS, INTERNATIONAL QUARTERLY JOURNAL"
Let Us Strive to Thrive in 2025!
PACTS, International
PO Box 1925
Twentynine Palms, CA 92277
United States
Google Launches New blockchain for Banks to Settle Payments
GCUL is built for banks, but liquidity stays with Tether (USDT) and Circle (USDC)
Anton Golub
Aug 29
Google's pitch?
Replace USDT and USDC with “neutral” stablecoin rails for regulated institutions.
Google doesn't understand how stablecoins work.
I explain why Tether & Circle will win against Google. 👇
Google Cloud Universal Ledger (GCUL) is “credibly neutral” Layer 1 blockchain for regulated institutions.
Google's argument?
Tether won’t use Circle’s blockchain.
Circle won’t use Tether’s.
Banks won’t use either.
Google offers the neutral ground.
Sounds clever - until you look at actual usage.
I explain reality.
No one will use Tether or Circle’s own chains.
Most stablecoin volume runs on Tron.
Why?
- Fast finality
- Cheapest fees
- Deep exchange integrations
- 24/7 uptime for market makers
This isn’t retail flow.
98% of the $260billion+ stablecoin market is USD-denominated.
It’s not used for coffee.
It’s used by professional traders:
- Prop shops
- Market makers
- Crypto hedge funds
- Arbitrage bots
They don’t care about branding.
They care about latency, liquidity, and cost.
Will banks use GCUL instead? Not likely.
Here’s what Google misses:
Banks don’t want to issue stablecoins.
Stablecoins destroys their business model - real-time settlement kills multi-day fee chains.
Banks will issue tokenized deposits, not stablecoins.
These are IOUs backed by the bank’s own balance sheet, not treasuries.
They’re closed-loop products built for internal use - not liquidity rails.
Banks won’t embrace network effects.
Tether and Circle won because they deployed everywhere.
Tron, Ethereum, Solana, exchanges, wallets - liquidity became borderless.
Banks will never do this.
They want control, not interoperability.
GCUL is a private, permissioned system.
It’s not a decentralized L1.
It’s a backend upgrade for siloed banking workflows.
Not a liquidity layer for global crypto.
As Aharon Miller, COO of Oobit said:
”Google already runs half of the internet's infrastructure, but the real test is whether institutions believe they'll stay neutral in the long term”.
Real race is different.
By 2030, dollar stablecoins will hit $1 trillion.
99% of stablecoin flow will still come from institutional trading.
Not retail payments.
Not consumer apps.
Who wins?
- Players with deep exchange liquidity
- Chains that serve prop firms, not banks
- Issuers that embrace open infrastructure
- Teams that optimize for cost, uptime, and speed
That’s why Tether on Tron still dominates.
That's why Circle is playing the long game with USDC + regulatory alignment.
Google’s play will serve banks.
But it won’t win stablecoin flows.
Because this market was never about payments.
It was always about liquidity.
I’ve built exchanges.
I’ve built market makers.
I’ve raised capital in this space for a decade.
I’m bullish on USDC.
I’m bullish on USDT.
I’m bullish on institutional stablecoin rails.
I’m not buying the GCUL hype.
Can Google compete with Tether & Circle?
Let me know what you think. 👇
Thanks for reading Anton’s Newsletter! This post is public so feel free to share it.
GCUL is built for banks, but liquidity stays with Tether (USDT) and Circle (USDC)
Anton Golub
Aug 29
Google's pitch?
Replace USDT and USDC with “neutral” stablecoin rails for regulated institutions.
Google doesn't understand how stablecoins work.
I explain why Tether & Circle will win against Google. 👇
Google Cloud Universal Ledger (GCUL) is “credibly neutral” Layer 1 blockchain for regulated institutions.
Google's argument?
Tether won’t use Circle’s blockchain.
Circle won’t use Tether’s.
Banks won’t use either.
Google offers the neutral ground.
Sounds clever - until you look at actual usage.
I explain reality.
No one will use Tether or Circle’s own chains.
Most stablecoin volume runs on Tron.
Why?
- Fast finality
- Cheapest fees
- Deep exchange integrations
- 24/7 uptime for market makers
This isn’t retail flow.
98% of the $260billion+ stablecoin market is USD-denominated.
It’s not used for coffee.
It’s used by professional traders:
- Prop shops
- Market makers
- Crypto hedge funds
- Arbitrage bots
They don’t care about branding.
They care about latency, liquidity, and cost.
Will banks use GCUL instead? Not likely.
Here’s what Google misses:
Banks don’t want to issue stablecoins.
Stablecoins destroys their business model - real-time settlement kills multi-day fee chains.
Banks will issue tokenized deposits, not stablecoins.
These are IOUs backed by the bank’s own balance sheet, not treasuries.
They’re closed-loop products built for internal use - not liquidity rails.
Banks won’t embrace network effects.
Tether and Circle won because they deployed everywhere.
Tron, Ethereum, Solana, exchanges, wallets - liquidity became borderless.
Banks will never do this.
They want control, not interoperability.
GCUL is a private, permissioned system.
It’s not a decentralized L1.
It’s a backend upgrade for siloed banking workflows.
Not a liquidity layer for global crypto.
As Aharon Miller, COO of Oobit said:
”Google already runs half of the internet's infrastructure, but the real test is whether institutions believe they'll stay neutral in the long term”.
Real race is different.
By 2030, dollar stablecoins will hit $1 trillion.
99% of stablecoin flow will still come from institutional trading.
Not retail payments.
Not consumer apps.
Who wins?
- Players with deep exchange liquidity
- Chains that serve prop firms, not banks
- Issuers that embrace open infrastructure
- Teams that optimize for cost, uptime, and speed
That’s why Tether on Tron still dominates.
That's why Circle is playing the long game with USDC + regulatory alignment.
Google’s play will serve banks.
But it won’t win stablecoin flows.
Because this market was never about payments.
It was always about liquidity.
I’ve built exchanges.
I’ve built market makers.
I’ve raised capital in this space for a decade.
I’m bullish on USDC.
I’m bullish on USDT.
I’m bullish on institutional stablecoin rails.
I’m not buying the GCUL hype.
Can Google compete with Tether & Circle?
Let me know what you think. 👇
Thanks for reading Anton’s Newsletter! This post is public so feel free to share it.
The PACTS, International Newsletter
Friday, August 29, 2025
*********************************************************
www.pactsntl.org
PO Box 1925 | Twentynine Palms, CA 92277 | info@pactsntl.org
Contact number: 1-888-639-5559
COMMUNITY NEWS
UNITED STATES
MOBILE LINK
PACTS Newsletter Mobile link - 08/29/25
HAPPY TARGETED INDIVIDUAL DAY !!!
We have much to be thankful for this year. We finally have nearly sufficient evidence to file our claims and have our allegations supported in a court of law thanks to the efforts of Jesse Beltran and John Kingston. And with the addition of doctors who will remove or purge "foreign bodies" from our biosystem, it is clear that we have made great strides and are on course to achieve much-needed victories ahead.
Friday, August 29, 2025
*********************************************************
www.pactsntl.org
PO Box 1925 | Twentynine Palms, CA 92277 | info@pactsntl.org
Contact number: 1-888-639-5559
COMMUNITY NEWS
UNITED STATES
MOBILE LINK
PACTS Newsletter Mobile link - 08/29/25
HAPPY TARGETED INDIVIDUAL DAY !!!
We have much to be thankful for this year. We finally have nearly sufficient evidence to file our claims and have our allegations supported in a court of law thanks to the efforts of Jesse Beltran and John Kingston. And with the addition of doctors who will remove or purge "foreign bodies" from our biosystem, it is clear that we have made great strides and are on course to achieve much-needed victories ahead.