Cloudflare Announces NET Dollar Stablecoin for AI-Driven Internet Economy
Cloudflare, a major player in cloud infrastructure, revealed plans to launch the NET Dollar, a U.S. dollar-backed stablecoin designed to facilitate microtransactions and fractional payments for AI-driven internet services. CEO Matthew Prince emphasized the shift from ad-based revenue models to value-driven content monetization, leveraging Cloudflare's global network to modernize financial transactions online.
The stablecoin's blockchain platform remains unspecified, but its introduction signals a strategic push toward integrating crypto-native payment rails with next-generation internet infrastructure. This MOVE aligns with broader industry trends of corporations bridging traditional finance and decentralized technologies.