Overview

• Cloudflare introduced NET Dollar, a U.S. dollar–pegged token intended to support instant, low-friction transactions for software agents, developers and creators.
• CEO Matthew Prince cast the initiative as a move away from ad-driven models toward pay-per-use and fractional payments that better reward original content.
• The company said it will leverage its global network to modernize payment rails so money can move at internet speed.
• Cloudflare plans to help develop standards including the Agent Payments Protocol and x402 to simplify and interoperate agent-to-agent payments.
• The announcement aligns Cloudflare with payments players exploring stablecoins, such as Stripe’s Tempo effort and Bridge acquisition, with Keyrock projecting up to $1 trillion in annual stablecoin volumes by 2030, while details on issuance, reserves and launch timing were not disclosed.