💰 Cloudflare Launches NET Dollar for AI Payments
Cloudflare has announced plans to launch a US dollar-backed stablecoin called NET Dollar. The stablecoin will enable instant settlement and process transactions triggered by AI.
Tech companies are increasingly merging money with technology, and Cloudflare is following trends seen in the NFT segment.
According to Cloudflare, personal agents can instantly perform programmatic actions such as:
- Paying for the cheapest flight
- Ordering items the moment they go on sale
⚙️ How NET Dollar Will Work
NET Dollar will be backed 1:1 with US dollars to ensure global interoperability. It will allow real-time settlements and transactions between AI agents and online platforms. Services enabled by NET Dollar include:
- Rewarding creators for content
- Allowing developers to monetize apps
- Facilitating AI-driven payments for goods and services
Cloudflare’s CEO, Matthew Prince, said:
“For decades, the internet business model banked on the ad-platform and bank transfer. The future of business on the internet will be a paid per use model.”
Financial analyst Mike Novogratz emphasized that AI agents could become major users of stablecoins for daily transactions.
Also Read : EU Chat Control Privacy Concerns May Push Users to Web3
🏗 Cloudflare’s Infrastructure Advantage
Cloudflare has been operational since 2010 in over 120 countries and offers:
- Content delivery networks (CDN)
- Domain Name System (DNS) management
- DDoS protection
- Developer tools for application deployment
This infrastructure positions Cloudflare to expand NET Dollar globally, particularly for AI-powered online shopping.
📈 NET Dollar in the Growing Stablecoin Market
Cloudflare joins a crowded stablecoin market:
- Tether (USDT) – $173B market cap
- Circle USDC – $73.7B market cap
Recent entrants include:
- KRW1 – pegged to the South Korean won
- AxCNH – offshore Chinese yuan for cross-border payments
- USDH – by decentralized derivatives exchange Hyperliquid
Tether has also launched a new dollar-backed stablecoin compliant with the GENIUS Act.
According to DefiLlama, the stablecoin market capitalization is nearing $300 billion, showing strong potential for 2025.
