BTCC
/
BTCC Square
/
Global Cryptocurrency
/
CloudFlare Announces NET Dollar, a USD-Backed Stablecoin for Agentic Commerce
CloudFlare Announces NET Dollar, a USD-Backed Stablecoin for Agentic Commerce
8
3
BTCCSquare news:
CloudFlare CEO Matthew Prince unveiled NET Dollar, a new USD-pegged stablecoin, via a post on X. The token will be fully collateralized 1:1 by US dollars and is designed to facilitate agentic commerce—automating payments without human intervention.
Targeted at autonomous agents and connected devices, NET Dollar aims to serve as a reliable medium for machine-to-machine transactions. The stablecoin promises high-frequency processing with real-time settlement, programmable workflows, and cross-ecosystem interoperability.
As a network infrastructure leader, CloudFlare's entry into stablecoins signals growing institutional convergence between web3 and traditional internet services. No launch date or exchange listings were disclosed.
By:
