Cloudflare Launches NET Dollar Stablecoin for AI-Driven Microtransactions
Cloudflare has unveiled the NET Dollar, a U.S. dollar-backed stablecoin tailored for autonomous AI agents. The digital currency aims to facilitate instant, global microtransactions, addressing the inefficiencies of legacy banking systems and first-generation crypto payments.
The company leverages its existing global network to modernize financial infrastructure, enabling seamless cross-border transactions. Cloudflare's initiative reflects a broader shift toward machine-to-machine economies, where speed and scalability are paramount.