What is NET Dollar?

Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, introduces NET Dollar—a new U.S. dollar-backed stablecoin that will enable instant, secure transactions for the agentic web. NET Dollar will help create a new business model for the Internet that rewards originality, sustains creativity, and enables innovation in an AI-driven world.

NET Dollar modernizes the payment ecosystem for the future of the agentic web by making payments easy anywhere in the world: agents will be able to use systems that ensure not only speed and security, but also trust, transparent recording, and reliable execution on a global scale—regardless of currencies, geographies, and time zones. This will enable instant automated transactions: personal agents will be able to instantly perform programmatic actions, such as paying for the cheapest flight or ordering an item the moment it goes on sale, while business agents could pay suppliers upon delivery confirmation. Additionally, NET Dollar will unlock a business model for the Internet, allowing creators to be rewarded for unique and original content, developers to easily monetize APIs and applications, and AI companies to fairly compensate content sources, contributing back to the ecosystem that fuels them.