Cloudflare announced the launch of NET Dollar, a new U.S. dollar-backed stablecoin. The initiative is designed to enable a new business model for the AI-driven internet.

This move will allow for instant, secure, and global payments for transactions on the agentic web. The stablecoin will facilitate commerce conducted by AI agents.

Cloudflare is positioning itself to provide the underlying payment infrastructure for this emerging web, signaling a future where AI agents can autonomously engage in economic activities.