Cloudflare Launches NET Dollar Stablecoin for AI-Driven Internet Transactions
On September 25, 2025, Cloudflare announced the launch of a new stablecoin named NET Dollar, backed 1:1 by the US dollar. This asset aims to facilitate instant and secure transactions for the agentic web, where AI acts on users' behalf.
Key Points
- NET Dollar is designed to support a shift from ad-based revenue to microtransactions that reward creativity and innovation.
- The stablecoin will enable AI agents to automate financial actions, such as paying suppliers or purchasing items when conditions are met.
- Cloudflare supports open standards like the Agent Payments Protocol and x402 to simplify digital payments.
- Similar initiatives include Circle's USDC integration using x402 and Google's blockchain development for digital payments.
- Details about NET Dollar's banking partners, regulatory strategy, and blockchain technology remain undisclosed.
- No timeline has been announced for beta testing or the official launch of NET Dollar.