Cloudflare To Launch Stablecoin for AI-Driven Internet Economy

Cloudflare announced plans Thursday to launch NET Dollar, a U.S. dollar-backed stablecoin designed to enable autonomous AI agents to conduct instant financial transactions. The company says the stablecoin will support microtransactions and pay-per-use models as AI agents take over tasks like booking flights and ordering groceries. BrianFagioli comments: A U.S. dollar-backed cryptocurrency from Cloudflare feels unusual to me, and I'm still surprised by it. The decision shows just how much the Internet is shifting in response to artificial intelligence.

CEO Matthew Prince said, 'For decades, the business model of the Internet ran on ad platforms and bank transfers. The Internet's next business model will be powered by pay-per-use, fractional payments, and microtransactions -- 'tools that shift incentives toward original, creative content that actually adds value.' He added that by using its global network, Cloudflare aims to 'help modernize the financial rails needed to move money at the speed of the Internet.'

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