Cloudflare Enters Stablecoin Arena With Launch of NET Dollar
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Key highlights: Cloudflare announces NET Dollar, a USD-backed stablecoin designed for AI-driven online transactions and micropayments. NET Dollar aims to support the emerging “agentic web,” where AI agents autonomously perform tasks and require real-time payment capabilities. The move aligns Cloudflare with a broader trend of major tech firms developing blockchain-based payment infrastructure. Cloudflare, the publicly traded cloud infrastructure firm behind a significant portion of global internet traffic, has unveiled plans to launch its own U.S. dollar-backed stablecoin dubbed NET Dollar. The stablecoin positions Cloudflare at the forefront of the evolving “agentic web,” where autonomous AI agents handle a growing range of online tasks such as booking travel, ordering groceries, and managing schedules. Cloudflare CEO and co-founder Matthew Prince said: “The Internet’s next business model will be powered by pay-per-use, fractional payments, and microtransactions. By using our global network, we are going to help modernize the financial rails needed to move money at the speed of the Internet.” A stablecoin for the AI-powered internet NET Dollar is designed to meet the needs of a rapidly changing internet landscape, where traditional ad-based revenue models are giving way to more direct forms of value exchange. Cloudflare envisions a future in which developers, creators, and AI agents require a payment solution that is fast, global, secure, and programmable. Cloudflare introduces NET Dollar, a new U.S. dollar-backed stablecoin that will enable instant, secure transactions for the agentic web. https://t.co/FhFN4uEAf0 — Cloudflare (@Cloudflare) September 25, 2025 The stablecoin will enable: Instant, automated transactions: AI agents will be able to execute real-time payments for services like flight bookings or inventory restocking. Micropayments and fractional billing: Developers can monetize APIs and applications through seamless, low-cost transactions. Creator rewards: Original content creators can be compensated more directly and fairly in a decentralized environment. Aligning with industry trends and open standards…
Filed under: News - @ September 27, 2025 12:24 am