Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced plans to introduce NET Dollar, a new U.S. dollar-backed stablecoin that will enable instant, secure transactions for the agentic web. NET Dollar will help power a new business model for the Internet that rewards originality, sustains creativity, and enables innovation in an AI-driven world.

, Cloudflare aims to do this with transactions, offering an Internet-native payment system that is fast, secure, and globally accessible. Stablecoin is one of many tools that, alongside existing financial systems, can help the AI-driven Internet thrive, with speed, trust, and interoperability.

NET Dollar will help modernize the payment ecosystem for the future of the agentic web by:

• Making payments easy anywhere in the world: Agents will need systems to enable payments that are not only fast and secure, but also trusted, recorded transparently, and executed reliably at a global scale – across currencies, geographies, and time zones.
• Enabling instant, automated transactions: Personal agents will be able to take instant, programmatic actions like paying for the cheapest flight, or ordering an item the moment it goes on sale. Business agents could be instructed to pay suppliers when a delivery is confirmed.
• Unlocking a new business model for the Internet: NET Dollar will enable creators to be rewarded for unique and original content, developers to easily monetize APIs and applications, and AI companies to contribute back to the ecosystem that fuels them by compensating content sources fairly.