Cloudflare Introduces NET Dollar, a Dollar-Backed Stablecoin

Cloudflare Launches NET Dollar Stablecoin to Power AI-Driven Internet Payments

NYSE-listed connectivity giant Cloudflare has announced the launch of NET Dollar, a revolutionary USD-backed stablecoin designed to facilitate seamless cryptocurrency transactions across the AI-powered internet ecosystem. This strategic move positions Cloudflare among major tech companies entering the digital asset space, potentially disrupting traditional payment infrastructure.

The NET Dollar stablecoin promises to deliver fast, secure, and borderless payments, leveraging blockchain technology to support the growing demand for decentralized finance (DeFi) solutions. As artificial intelligence reshapes internet infrastructure, Cloudflare's cryptocurrency initiative could capture significant market share in the expanding digital payments sector.

This development signals institutional adoption of blockchain technology, following similar moves by other Fortune 500 companies integrating cryptocurrency solutions. The stablecoin launch may impact Bitcoin and broader crypto markets by increasing mainstream adoption and utility. Investors are watching closely as traditional tech giants embrace digital assets, potentially driving long-term cryptocurrency market growth and legitimizing blockchain-based financial services for enterprise applications.