Overview

• Cloudflare announced NET Dollar, a U.S. dollar‑backed token intended to enable instant, programmatic microtransactions for the emerging agentic web.
• The company says autonomous agents could use the token to book flights, buy items on release, or pay suppliers upon delivery, with creators and API providers paid via small, automated charges.
• Cloudflare is contributing to interoperability efforts through the Agent Payments Protocol and x402, aligning with broader industry work on agent‑to‑agent commerce.
• Coverage highlights unresolved operational details, including reserve custodians, audit framework for the peg, network selection, transaction pricing, compliance approach, and any beta or public launch dates.
• Industry context in reports notes stablecoins’ rapid adoption, a market nearing $300 billion, and projections such as Keyrock’s estimate that volumes could reach $1 trillion by 2030.