Cloudflare, the market leader in Connectivity Cloud, today announced it is developing NET Dollar; a US dollar-backed stablecoin designed to support instant, secure, and automated transactions on the internet of the future. This technology will lay the foundation for a new business model for the web—one that rewards creativity, innovation, and authentic content, and will be the driving engine of the AI-powered world.
The Internet is No Longer What It Used to Be
With the rapid advancement of artificial intelligence, humans are delegating many of their online interactions to intelligent agents. From booking flights to grocery shopping and managing calendars—all of these are now doable by AI. However, traditional financial infrastructure is no longer sufficient to support this transformation.
The AI-driven internet requires money that is global, instantaneous, and trustworthy, enabling frictionless transactions between agents, developers, and content creators.
Statements from Cloudflare’s CEO
Matthew Prince, co-founder and CEO of Cloudflare, says:
“For decades, the economic model of the internet has been based on advertising and bank transfers. But the future internet will be driven by micro-payments that are instant and usage-based—a system that allocates rewards to authentic and useful content. Leveraging our global network, we aim to provide the financial infrastructure necessary for this new model so that money moves as fast as the internet.”
NET Dollar: Paving the Way for the New Internet Economy
From day one, Cloudflare has been a global company—accelerating website and app performance, protecting networks, and facilitating product development and deployment. Now, the company is applying that same global reach to financial transactions.
NET Dollar will be a complementary tool for traditional financial systems, helping the AI-driven internet flourish with features like speed, trust, and interoperability.
Three Key Features of NET Dollar
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Easy and Reliable Global Payments: Agents need payment systems that are not only fast and secure but also operate transparently, reliably, and without currency or time zone limitations on a global scale.
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Instant and Automated Transactions: A personal agent can immediately purchase a cheaper ticket or order a product exactly at the start of a sale. In business, agents can automatically make payments after delivery confirmation.
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Creating a New Business Model: NET Dollar enables content creators to get rewarded for their authentic content, allows API developers and app creators to earn income easily, and lets AI companies fairly and automatically reward the content sources they benefit from.
Open Standards for Financial Internet
Cloudflare is also collaborating on developing open standard protocols such as the Agent Payments Protocol and x402 to make the payment process in the new internet simple, scalable, and global.
Developers, creators, and innovators interested in shaping the future of the internet can visit the official NET Dollar website for more information.
NET Dollar is a significant step towards a global, intelligent, and creative economy for the internet of the future. This news report showed how Cloudflare intends to rebuild the financial rails of the next-generation internet and pave the way for a more value-added internet with micro-payments.
Source: cloudflare.com
