On September 25, 2025, Cloudflare announced the launch of NET Dollar, a U.S. dollar‑backed stablecoin. The token is fully backed 1:1 by the U.S. dollar and is designed to enable instant, secure transactions for the emerging agentic web, where AI agents act on behalf of users.
The stablecoin will support a pay‑per‑use internet model, allowing AI agents to purchase data, services, and other digital goods without human intervention. By integrating NET Dollar into its existing edge network, Cloudflare aims to create a new revenue stream and strengthen its position in the growing AI‑driven economy.
The announcement marks a significant expansion of Cloudflare’s product portfolio beyond security and performance services. The introduction of a stablecoin aligns with the company’s strategy to monetize edge computing and AI capabilities, potentially opening up new markets and enhancing customer stickiness.
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