Cloudflare Unveils U.S. Dollar Stablecoin for AI-Powered Internet Economy

Cloudflare Unveils U.S. Dollar Stablecoin for AI-Powered Internet Economy

By Coindesk
U.S.-listed cloud company Cloudflare (NET) announced plans to intorduve a U.S. dollar stablecoin for what it calls the "agentic web," where autonomous AI agents perform tasks like booking flights or ordering groceries.

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**Cloudflare Launches USD Stablecoin for AI-Powered "Agentic Web" Revolution**

Leading cloud infrastructure company Cloudflare (NET) is making a strategic entry into the cryptocurrency and blockchain space with plans to launch a U.S. dollar-backed stablecoin designed specifically for the emerging "agentic web" ecosystem. This innovative digital currency initiative targets autonomous AI agents that will independently execute everyday tasks including flight bookings, grocery orders, and other commercial transactions.

The move positions Cloudflare at the intersection of artificial intelligence and decentralized finance (DeFi), potentially creating new market opportunities as AI automation expands across e-commerce and service industries. This stablecoin development could accelerate cryptocurrency adoption by providing a stable digital payment method for AI-driven transactions, reducing volatility concerns compared to Bitcoin and other cryptocurrencies.

Cloudflare's blockchain integration strategy reflects growing institutional confidence in digital assets and smart contract technology. The company's established infrastructure network could provide significant advantages in stablecoin deployment and scalability. This announcement may influence other tech giants to explore similar cryptocurrency initiatives, potentially driving broader market adoption and creating new investment opportunities in the convergence of AI and blockchain technologies.

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Market Sentiment
neutral
Category
bitcoin
Reading Time
1 min read
Article Type
Article
Topics & Keywords
#Crypto#News

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