Cloudflare(US:NET) Benzinga·2025-09-25 17:21Core Viewpoint - Cloudflare, Inc. plans to launch "NET Dollar," a U.S. dollar-backed stablecoin aimed at facilitating instant and secure payments for autonomous AI agents operating on the web [1]. Group 1: Product Overview - NET Dollar is positioned as financial infrastructure for the "agentic web," where software agents manage transactions on behalf of users [1]. - The stablecoin is designed to support pay-per-use and microtransactions at an Internet scale [2]. - It aims to enable quick settlement, global operation, and interoperability with existing financial systems, allowing for automatic transactions by agents, developers, and creators [3]. Group 2: Business Model Shift - The introduction of NET Dollar reflects a shift from traditional Internet business models reliant on ad platforms and bank transfers to a model focused on pay-per-use, fractional payments, and microtransactions [4]. - This new model is intended to incentivize original and creative content that adds value [4]. Group 3: Technological Contributions - Cloudflare is working on modernizing financial infrastructure to facilitate rapid money movement, contributing to open payment standards for machine-to-machine transactions [5]. - The company is involved in the x402 foundation to standardize Internet payment interactions, expanding its focus from security and performance to payments infrastructure for AI-driven services [6]. - This initiative aligns with a broader industry trend towards compensating content creators and API providers through granular and programmable usage-based payments [6].