Cloudflare is stepping into the world of digital currency with a new project called NET Dollar. It plans to launch this as a fully backed stablecoin tied to the U.S. dollar. According to CEO Matthew Prince, the idea is to help build a better foundation for how the internet handles payments and value. Why Cloudflare Is Entering the Stablecoin Space Although Cloudflare is known for its internet security and performance tools, the company sees a bigger role for itself. As AI and smart systems grow more comm ...

Cloudflare (NYSE: NET) is planning to introduce NET Dollar, a stablecoin pegged to the U.S. dollar, to enable instant, secure transactions in the AI-driven internet, the American tech giant announced on Sep. 25. The currency will power a new business model for the internet that rewards originality, creativity, and innovation in the age of AI, the statement read. Cloudflare to launch NET Dollar Cloudflare is a leading technology company that helps its clients secure websites and networks, register domain ...

Cloudflare, Inc. (NYSE: NET) on Thursday outlined a plan to debut “NET Dollar,” a U.S. dollar–backed stablecoin it says will enable instant, secure payments as autonomous AI agents transact across the web.See if NET stock is worth your attention here.Cloudflare is pitching NET Dollar as financial plumbing for the “agentic web,” where software agents handle purchases, subscriptions and data access on users’ behalf.The company framed the token as a way to support pay-per-use and microtransactions at Internet ...

Stablecoins are cryptocurrency tokens intended to hold their value at a certain price point, usually $1, and are backed by another asset. The Genius Act, signed by President Donald Trump in July, is expected to boost the popularity of stablecoin currencies. Tether is the largest stablecoin issuer, followed by Circle Internet Group (CRCL). More payments companies are jumping on the stablecoin bandwagon, including PayPal Holdings (PYPL). Will AI Agents Take Off In E-Commerce? TRENDING: Are AI Stocks Driving A ...

Publicly traded cloud infrastructure firm Cloudflare—which powers a significant chunk of internet traffic—is launching a U.S. dollar-backed stablecoin, the NET Dollar, to help propel the future of AI-driven finance on the internet, the firm announced on Thursday.  Like other stablecoins, Cloudflare’s version will offer near-instant transactions globally. The firm also highlighted its use in rewarding creators for unique and original content, monetizing APIs, and enabling programmatic actions from AI agents ...