Cloudflare, a U.S.-listed cloud connectivity company,
has announced the launch of NET Dollar, a U.S. dollar-backed stablecoin
designed to support transactions in the AI-driven Internet.
The token is intended for autonomous software agents,
developers, and online creators, enabling automated payments for services and
content across borders.
Digital assets meet tradfi in London at the fmls25
“The Internet’s next business model will be powered by
pay-per-use, fractional payments, and microtransactions, tools that shift
incentives toward original, creative content that actually adds value,” commented
Matthew Prince, co-founder and CEO of Cloudflare.
“By using our global network, we are going to help
modernize the financial rails needed to move money at the speed of the
Internet, helping to create a more open and valuable Internet for everyone.”
A Stablecoin Built for the Agentic Web
Dubbed NET Dollar, the new offering is created for the
“agentic web,” where AI agents perform tasks such as booking travel, ordering
goods, or managing schedules. The stablecoin enables instant and reliable
payments across currencies and geographies, allowing both personal and business
agents to execute transactions automatically.
According to Cloudflare, the token can help personal
agents pay for items immediately when they become available, while business
agents could settle supplier payments as soon as deliveries are confirmed.
Cloudflare said NET Dollar is designed to allow
creators to be compensated for original content and developers to monetize APIs
and applications. The stablecoin is intended to integrate with existing
financial systems, providing speed, transparency, and global accessibility.
Prince noted that using Cloudflare’s global network
could “modernize the financial rails needed to move money at the speed of the
Internet,” supporting a more open and efficient online economy.
Contributing to Open Standards
Cloudflare is also developing open standards,
including the Agent Payments Protocol and x402, to simplify sending and
receiving online payments. The company emphasized that NET Dollar is designed
to be interoperable with other payment systems.
The move places Cloudflare in line with other fintech
companies exploring stablecoins, which are projected to reach $1 trillion in
transaction volumes by 2030, driven by institutional adoption and cross-border
flows.
More on stablecoins:
Cloudflare, a U.S.-listed cloud connectivity company,
has announced the launch of NET Dollar, a U.S. dollar-backed stablecoin
designed to support transactions in the AI-driven Internet.
The token is intended for autonomous software agents,
developers, and online creators, enabling automated payments for services and
content across borders.
Digital assets meet tradfi in London at the fmls25
“The Internet’s next business model will be powered by
pay-per-use, fractional payments, and microtransactions, tools that shift
incentives toward original, creative content that actually adds value,” commented
Matthew Prince, co-founder and CEO of Cloudflare.
“By using our global network, we are going to help
modernize the financial rails needed to move money at the speed of the
Internet, helping to create a more open and valuable Internet for everyone.”
A Stablecoin Built for the Agentic Web
Dubbed NET Dollar, the new offering is created for the
“agentic web,” where AI agents perform tasks such as booking travel, ordering
goods, or managing schedules. The stablecoin enables instant and reliable
payments across currencies and geographies, allowing both personal and business
agents to execute transactions automatically.
According to Cloudflare, the token can help personal
agents pay for items immediately when they become available, while business
agents could settle supplier payments as soon as deliveries are confirmed.
Cloudflare said NET Dollar is designed to allow
creators to be compensated for original content and developers to monetize APIs
and applications. The stablecoin is intended to integrate with existing
financial systems, providing speed, transparency, and global accessibility.
Prince noted that using Cloudflare’s global network
could “modernize the financial rails needed to move money at the speed of the
Internet,” supporting a more open and efficient online economy.
Contributing to Open Standards
Cloudflare is also developing open standards,
including the Agent Payments Protocol and x402, to simplify sending and
receiving online payments. The company emphasized that NET Dollar is designed
to be interoperable with other payment systems.
The move places Cloudflare in line with other fintech
companies exploring stablecoins, which are projected to reach $1 trillion in
transaction volumes by 2030, driven by institutional adoption and cross-border
flows.
More on stablecoins: