Cloudflare said NET Dollar is aimed at powering instant payments for AI agents, creators and developers worldwide.
Cloud infrastructure company Cloudflare has announced plans to move into the digital assets market with the launch of a US dollar-backed stablecoin.
According to a Thursday announcement, the company is working on the NET dollar, its stablecoin intended to support instant transactions triggered by AI agents — autonomous software programs that can perform tasks such as booking travel, ordering goods or managing schedules.
“Personal agents will be able to take instant, programmatic actions like paying for the cheapest flight, or ordering an item the moment it goes on sale,” Cloudflare said about its vision for the stablecoin.
