Cloudflare, a global leader in connectivity cloud solutions, has announced NET Dollar, a U.S. dollar-backed stablecoin designed to transform online payments. The new stablecoin will support instant and secure transactions across the agentic web. With NET Dollar, Cloudflare aims to establish a new Internet business model that encourages originality, sustains creativity, and drives innovation in an AI-powered digital economy.

AI is rapidly changing how people interact with the Internet. Increasingly, users delegate tasks to autonomous AI agents to manage calendars, order groceries, or book flights. However, this shift requires a financial system that is instant, global, and secure. The AI-driven Internet needs money that allows agents, developers, and creators to transact seamlessly and reliably across borders.

Matthew Prince, co-founder and CEO of Cloudflare, explained the vision behind NET Dollar. He stated that for decades, the Internet economy relied on advertising and bank transfers. However, the next model will be powered by pay-per-use, microtransactions, and fractional payments. This system will incentivize creative, original content while reducing reliance on traditional ad platforms. He added that Cloudflare’s global network will modernize financial rails, moving money at Internet speed to build a more open and valuable web.

Building the AI Internet Economy with NET Dollar

From its inception, Cloudflare has helped global businesses improve performance, secure networks, and launch digital applications. Now, the company is extending this capability to online payments. With NET Dollar, Cloudflare intends to deliver an Internet-native payment system that is fast, secure, and accessible worldwide. Stablecoin technology, when combined with existing financial systems, will help the AI-driven Internet thrive with trust, transparency, and interoperability.

NET Dollar offers three major advantages for the future of the agentic web:

  • Simplifying global payments: NET Dollar will enable agents to process payments that are fast, secure, transparent, and reliable across currencies and time zones.
  • Enabling automated transactions: AI agents will instantly perform tasks like booking flights at the lowest fare or paying suppliers upon delivery confirmation.
  • Unlocking new business models: NET Dollar will allow creators to monetize unique content, developers to generate revenue from APIs, and AI companies to fairly compensate content sources.

Cloudflare’s launch of NET Dollar marks a significant step toward building an open, sustainable Internet economy powered by AI and automation.

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News Source: Businesswire.com