Cloudflare, Inc., the leading connectivity cloud company, has announced plans to launch NET Dollar, a U.S. dollar-backed stablecoin designed to enable instant, secure transactions across the agentic web. This innovative payment solution aims to support a new Internet business model that rewards originality, sustains creativity, and drives innovation in an increasingly AI-powered digital landscape.

As artificial intelligence reshapes how people interact with the web, users are increasingly delegating tasks to autonomous AI agents whether booking flights, ordering groceries, or managing calendars. To accommodate this shift, the financial infrastructure of the Internet must evolve. The AI-driven Internet demands money that is instantaneous, globally accessible, and secure, allowing AI agents, developers, and creators to transact automatically and reliably.

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“For decades, the business model of the Internet ran on ad platforms and bank transfers. 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,” said 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.”

Building a Global, Open, and Sustainable Internet Economy

From its inception, Cloudflare has supported customers worldwide by accelerating web performance, securing networks, and enabling rapid application deployment. Now, the company is extending this mission to the realm of financial transactions. By introducing an Internet-native payment system, Cloudflare aims to offer a fast, secure, and universally accessible solution. Stablecoins like NET Dollar will complement existing financial systems, ensuring the AI-driven Internet operates with speed, trust, and interoperability.

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NET Dollar will transform the digital payment landscape by:

  • Facilitating global payments: AI agents require payment systems that are fast, secure, transparent, and reliable, operating seamlessly across currencies, geographies, and time zones.
  • Enabling instant, automated transactions: Personal agents can instantly execute actions such as booking the cheapest flight or purchasing items at the moment of a sale, while business agents can automate payments to suppliers upon delivery confirmation.
  • Unlocking new business models: NET Dollar will empower creators to earn from unique content, developers to monetize APIs and applications, and AI companies to fairly compensate content sources that fuel their innovations.

Additionally, Cloudflare actively contributes to open standards such as the Agent Payments Protocol and x402, simplifying the process of sending and receiving payments on the Internet. Through NET Dollar, Cloudflare envisions a more open, creative, and financially resilient Internet ecosystem ready for the AI era.

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