Cloudflare (NET) Shakes Up Crypto Space with Plans for NET Dollar Stablecoin Launch

Cloudflare throws its hat into the stablecoin ring—announcing development of NET Dollar, a move that could redefine web infrastructure payments.

Infrastructure Giant Enters Digital Currency Arena

The internet security powerhouse pivots toward blockchain technology, leveraging its massive network footprint to challenge traditional payment rails. Cloudflare's global infrastructure positions it uniquely for stablecoin deployment across 200+ cities worldwide.

Technical Execution and Market Implications

NET Dollar would bypass legacy financial systems using Cloudflare's existing architecture—cutting settlement times from days to seconds. The company's edge computing capabilities provide built-in scalability that traditional fintech players can't match.

Regulatory Landscape and Industry Impact

This isn't just another stablecoin play—it's infrastructure meeting finance at scale. Though Wall Street might dismiss it as 'another tech company chasing crypto trends,' the move signals deeper blockchain integration coming to core internet services.

Because nothing says financial innovation like tech companies discovering they can print their own money—with better uptime than most banks.

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Interestingly, the NET Dollar is designed to allow AI systems to make fast and automatic payments on behalf of individuals. For example, an AI could use it to buy the cheapest available flight, place an order when an item goes on sale, or pay a supplier as soon as a delivery is confirmed. It can also be used to pay creators for their content. Cloudflare says this will make digital payments smoother and more efficient, especially as AI tools become more common in everyday life.

However, there is a legal hurdle: the new stablecoin law bans public companies that aren’t financial firms from issuing stablecoins unless they get government approval. That makes Cloudflare’s announcement especially interesting, since it will need approval before launching. As a result, the company hasn’t shared all the details yet, but says more information about NET Dollar will be coming soon.

Is NET Stock a Good Buy?

Turning to Wall Street, analysts have a Moderate Buy consensus rating on NET stock based on 15 Buys, nine Holds, and two Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average NET price target of $219.71 per share implies that shares are trading NEAR fair value.