Cloudflare introduced NET Dollar, a new $ backed stablecoin that will enable instant, secure transactions for the agentic web.

Cloudflare hosts 20% of the world’s online traffic.

We are said to be entering an age where ai becomes ui and most websites will be crawling with agentic flows and execution.

And in that world, cloudflare having their own stablecoin be the one that agents on those sites use via x402 is very promising for them as a revenue line (see how much money tether makes as a proxy).

Cloudflare also cofounded the x402 foundation alongside coinbase, x402 is an agentic payments protocol.