Cloud Infrastructure Company Cloudflare has announced plans to move to the Digital Assets market along with the launch of a US dollar supported by Stablecoin.
According to In a Thursday announcement, the company is working on the net dollar, Stablecoin provides to support instant transactions that are being attacked by AI agents -autonomous software programs that can perform activities such as traveling, ordering goods or managing schedules.
“Personal agents can take instant, programmatic actions such as paying for the cheapest flight, or ordering an item at the moment it is for sale,” Cloudflare said of its vision for Stablecoin.
The move features how tech companies are increasingly testing crypto water. Earlier this month, Google introduced a OPEN-SOURCE AI PAYMENT PROTOCOL with built-in Stablecoin support, developed in coinbase collaboration.
Cloudflare said the net dollar would be fully backed by US dollars and designed for global interoperability, real-time settlement, and potential transactions between AI agents and other online services.
The company views a stablecoin linked to infrastructure services as a driver for new business models – reward the creators for the original content, enabling developers to make the applications money, and allow AI firms directly to pay the content providers directly.
Matthew Prince, co-founder and CEO of Cloudflare, said:
“For decades, the Internet business model has run on ad platforms and bank transfers. The next Internet business model is enabled by pay-per-use, fractional payment, and microtransaction (…).
Galaxy Digital CEO Mike Novogratz has argued this month that AI agents are about to be the Largest users of stablecoinsPredicting a future in which they administer sunny transactions such as buying markets.
Established in 2010, Cloudflare’s Network Cities are covered throughout 120 countries, providing content delivery, domain system management, distributing denial-service protection and developer tools for developing and deploying applications.
The timeline for launching the net dollar is not disclosed, though cloudflare’s Website It says “is available soon.”
Cointelegraph handed it to Cloudflare for comment, but did not receive a response at the time of publication.
Related: Stablecoins compared to credit cards: The coming $ 100b US Payment Battle
Net dollars to get into the tight race of stablecoin
With more accurate regulation of stablecoin Passing Europe and the United States in 2025, the adoption of Stablecoin increases. Even Tether’s USDT (USDT) and circle (USDC) Continue to dominate by the market cap with $ 173 billion and $ 73.7 billion, respectively, other players around the world are emerging.
On September 18, South Korea Digital Asset Infrastructure Company BDACS announced KRW1, a Stablecoin Winner in South Korea.
FINTECH COMPANY ANCHORX In September said It released Axcnh, the first regulated stablecoin linked offshore. Stablecoin is intended to support cross-border payments along with countries involved in China’s Belt and Road Initia.
On Wednesday, decentralized derivatives exchanging hyperliquid Launched a stablecoin Pegged to the US dollar called USDH.
Tether, giving USDT, the world’s largest stablecoin, also Introduced a new token this month. On September 11, it announced USAT, a dollar-supported dollar for the US market designed to comply with the recently implemented Genius Act.
Stablecoin’s current Cap market is approaching $ 300 billion, as per data from Delete.
Magazine: Stablecoins in Japan and China, India Mulls Crypto Tax Change: Asia Express
