Author: 0xjs@Golden Finance
Another Internet giant is going to issue a stablecoin.
On September 25, US network infrastructure giant Cloudflare announced plans to launch the US dollar stablecoin NET Dollar (NET is the listing code of Cloudflare on the New York Stock Exchange).
According to public information, Cloudflare is an American multinational technology company that provides content delivery networks (CDNs), network security, DNS services, and other basic internet services. Through its global edge network, it provides accelerated access, improved performance, and enhanced security for millions of websites and applications to resist cyberattacks and help customers build a safer internet.
Basically, every Internet service is inseparable from Cloudflare. For example, when you log in to a website, the service that requires you to verify that you are a real person before continuing to the next step is mostly provided by Cloudflare.

According to Cloudflare, NET Dollar is a new USD-backed stablecoin that will provide instant and secure transactions for the agentic web. NET Dollar will help build a new business model for the internet that rewards originality, sustains creativity, and empowers innovation in an AI-driven world.
Cloudflare stated that AI is fundamentally changing how humans interact with the internet. Instead of personally controlling every interaction, humans are beginning to delegate tasks to autonomous AI agents, such as booking flights, ordering groceries, and managing calendars. For this to happen, the underlying financial system must also evolve. The AI-driven internet requires an instant, global, and secure currency that enables AI agents, developers, and creators to transact instantly, automatically, and reliably.
Since its founding, Cloudflare has been a global company dedicated to helping customers worldwide improve performance, secure websites and networks, and develop and deploy applications. Today, Cloudflare is committed to achieving this goal through transactions, providing a fast, secure, and globally accessible internet-native payment system. Stablecoins are one of many tools that, alongside the existing financial system, can help the AI-driven internet thrive, bringing speed, trust, and interoperability.
“For decades, the internet’s business model has relied primarily on advertising platforms and bank transfers,” said Matthew Prince, Cloudflare co-founder and CEO. “The internet’s next business model will be driven by pay-per-use, fractional payments, and microtransactions – tools that shift incentives toward truly valuable original creative content. By leveraging our global network, we will help modernize financial channels, enabling the transfer of money at internet speeds, creating a more open and valuable internet for everyone.”
NET Dollar will have five major features:
NET Dollar to realize the use case of intelligent payment:
Cloudflare also said it contributes to open standards such as the Intelligent Payment Protocol and x402 to simplify the process of sending and receiving payments on the internet.


