Cloudflare has announced plans to introduce NET Dollar, a US dollar-backed stablecoin designed to support instant, secure transactions for an AI-driven Internet.

The company says NET Dollar will provide the financial infrastructure necessary for autonomous AI agents, developers, and creators to transact automatically and reliably.

Matthew Prince, Co-founder and CEO of Cloudflare, commented:

“For decades, the business model of the Internet ran on ad platforms and bank transfers. The Internet’s next business model will be powered by pay-per-use, fractional payments, and microtransactions, tools that shift incentives toward original, creative content that actually adds value. By using our global network, we are going to help modernise the financial rails needed to move money at the speed of the Internet, helping to create a more open and valuable Internet for everyone.”

NET Dollar is designed to enable a range of use cases.

Personal AI agents could automate payments, such as booking flights or purchasing items when they go on sale, while business agents could pay suppliers upon confirmation of delivery.

The stablecoin also provides a way for creators to be compensated for unique content and developers to monetise APIs and applications efficiently.

Cloudflare positions NET Dollar as part of a broader effort to modernise the payment ecosystem for an AI-driven Internet, offering a system that can operate across currencies, geographies, and time zones with transparency and reliability.

Featured image credit: Edited by Fintech News Singapore, based on image by freepik