New stablecoin aims to modernize Internet payments for autonomous agents and creators
Cloudflare has announced NET Dollar, a U.S. dollar-backed stablecoin designed to support secure, instant transactions across the emerging agentic web. The move signals a major shift in how the Internet’s financial infrastructure could evolve to meet the demands of AI-driven automation.
As users increasingly delegate tasks to autonomous AI agents—from booking flights to managing calendars—the need for fast, reliable, and programmable payments has grown. NET Dollar is Cloudflare’s answer to this challenge, offering a globally accessible, Internet-native currency that can support microtransactions, fractional payments, and real-time financial exchanges.
“The Internet’s next business model will be powered by pay-per-use, fractional payments, and microtransactions—tools that shift incentives toward original, creative content that actually adds value.”
— Matthew Prince, co-founder and CEO, Cloudflare
“For decades, the Internet ran on ad platforms and bank transfers,” said Cloudflare CEO Matthew Prince. “We’re helping modernize the financial rails needed to move money at the speed of the Internet.”
The stablecoin will enable personal agents to make purchases instantly—like grabbing a discounted item the moment it goes on sale—while business agents could automate supplier payments upon delivery confirmation. For developers and creators, NET Dollar opens new monetization models, rewarding originality and enabling seamless API and content transactions.
Cloudflare is also contributing to open standards like the Agent Payments Protocol and x402, aiming to simplify how agents send and receive payments online.
The initiative builds on Cloudflare’s global infrastructure and reputation for securing and accelerating digital experiences. With NET Dollar, the company is positioning itself at the forefront of the AI-powered Internet economy—one where speed, trust, and creativity are rewarded in real time.
Developers and innovators can learn more at netdollar.cloudflare.com.