Cloudflare Unveils NET Dollar Stablecoin For AI Payments

Key Takeaways

• Cloudflare has announced the NET Dollar stablecoin, aimed at enabling instant payments between AI agents, developers, and creators.

• NET Dollar is fully backed by US dollars and optimized for real-time, global, programmable transactions.

• The stablecoin is designed to support a new wave of internet business models based on microtransactions and automation.

• Cloudflare’s move comes amid rising competition in the stablecoin space, with new offerings from Asia and DeFi platforms.

• The launch timeline is still unknown, but the product is listed as “coming soon.”

A Stablecoin For AI-Powered Automation

Cloudflare revealed in its recent statement that the NET Dollar stablecoin is engineered for instant, programmable payments—especially those initiated by AI agents.

These are autonomous software systems capable of performing tasks such as scheduling appointments, ordering goods, or booking travel without human intervention.

Source: Cloudfare

As per Cloudflare’s official announcement:

“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.”

As AI becomes more deeply embedded in digital life, Cloudflare believes that traditional payment methods, such as credit cards or manual transfers, will no longer suffice for real-time, micro-level decisions executed by software.

What Sets NET Dollar Apart?

Cloudflare’s NET Dollar stablecoin is built with several unique features in mind:

• Fully backed by US dollars

• Designed for real-time settlement

• Interoperable across global platforms

• Optimized for AI-to-AI and AI-to-service payments

• Programmable for automation and microtransactions

These capabilities aim to transform not just how AI agents interact with the world, but how content creators, developers, and online services can monetize and exchange value.

CEO Vision: A New Internet Business Model

Cloudflare CEO and co-founder Matthew Prince explained that the internet’s prevailing business models, driven by advertising and traditional banking systems, are due for a transformation.

In Matthew’s words:

“The internet’s next business model will be powered by pay-per-use, fractional payments, and microtransactions.”

By linking stablecoin infrastructure directly to its global network services, Cloudflare aims to pioneer a new economic framework for the web, one that empowers users and developers to earn and spend seamlessly, without needing legacy banking rails.

NET Dollar Stablecoin: When Will It Launch?

While Cloudflare has not shared a specific launch date, its website notes that NET Dollar will be made available soon.

Given Cloudflare’s infrastructure footprint, spanning 120 countries and supporting services like DNS, DDoS protection, and edge computing, the stablecoin’s integration into its ecosystem could be swift and far-reaching.

Industry Reaction

The broader tech and crypto communities are watching closely. Galaxy Digital CEO Mike Novogratz recently stated that AI agents could become the biggest users of stablecoins, predicting a world where AI handles everyday purchases, from groceries to services.

Stablecoins In The Spotlight: A Competitive Market

The announcement of the NET Dollar stablecoin comes amid a surge of innovation in the stablecoin space.

Major players like Tether (USDT) and Circle (USDC) still dominate the market with $173 billion and $73.7 billion in circulating supply, respectively. However, new entrants are rising, especially as regulatory clarity improves in key markets like the U.S. and Europe.

The Total Stablecoin Market Cap

Source: DefiLlama

Recent Developments In The Stablecoin Space:

• BDACS (South Korea): Launched KRW1, pegged to the Korean won.

• AnchorX: Released AxCNH, the first regulated offshore yuan stablecoin.

• Hyperliquid: Introduced USDH, a decentralized USD-backed stablecoin.

• Tether: Unveiled USAT, designed to comply with the new U.S. GENIUS Act.

As of September 2025, the total stablecoin market capitalization is nearing $300 billion, according to DefiLlama.

FAQ

What is the NET Dollar stablecoin?

NET Dollar is a US dollar-backed stablecoin developed by Cloudflare, designed to power instant and automated payments between AI agents and digital services.

Who is NET Dollar for?

NET Dollar is intended for AI agents, creators, developers, and any service requiring fast, programmable, micro-level transactions.

Is NET Dollar available now?

Not yet. While Cloudflare has announced the stablecoin, it has not provided a specific release date. The company states it will be “made available soon.”

How is NET Dollar different from USDT or USDC?

Unlike traditional stablecoins focused on retail or institutional finance, NET Dollar is built for real-time, automated use cases, particularly those involving AI and developer ecosystems.

Will NET Dollar be regulated?

No specific compliance framework has been announced, but given Cloudflare’s global presence, regulatory adherence is expected, especially in the U.S. and Europe.

If that prediction holds true, Cloudflare’s early move into this domain could position NET Dollar stablecoin as a foundational element in the next era of internet commerce.