Cloudflare Introduces NET Dollar stable coin

Summary

This Press Release is also available in 日本語, 한국어, Deutsch, Français, Español (Latinoamérica), Nederlands, Indonesia, 繁體中文 and ไทย San Francisco, CA – September 25, 2025 – Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced plans to introduce NET Dollar, a new U.S. dollar-backed stablecoin that will enable instant, secure transactions for the agentic web. NET Dollar will help power a new business model for the Internet that rewards originality, sustains creativity, and enables innovation in an AI-driven world. AI is fundamentally changing how humans interact with the web. Instead of driving every interaction themselves, humans are beginning to delegate tasks to autonomous AI agents to book a flight, order groceries, manage calendars and more. For this to happen, the underlying financial system will also need to evolve. The AI-driven Internet will need money that is instant, global, and secure so that AI agents, developers, and creators can transact instantly, automatically, and reliably. “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,” said Matthew Prince, co-founder and CEO of Cloudflare. “By using our global network, we are going to help modernize the financial rails needed to move money at the speed of the Internet, helping to create a more open and valuable Internet for everyone.” Building an Open, Sustainable Internet Economy with NET Dollar Cloudflare has been a global company from day one, helping customers around the world to accelerate performance, secure websites and networks, and develop and deploy applications. Now, Cloudflare aims to do this with transactions, offering an Internet-native payment system that is fast, secure, and globally accessible. Stablecoin is one of many tools that, ...