Tech Giant Cloudflare to Launch NET Dollar Stablecoin for 'AI-Driven Internet'

Cloudflare, the leading internet infrastructure giant, is set to revolutionize the cryptocurrency landscape with the launch of its NET Dollar stablecoin, specifically designed to fuel AI-driven internet applications. This groundbreaking move positions Cloudflare at the intersection of artificial intelligence and decentralized finance (DeFi), targeting the emerging market of AI agent transactions.

The U.S. dollar-backed stablecoin represents a strategic pivot for Cloudflare into the blockchain ecosystem, potentially disrupting traditional cryptocurrency markets. By creating a dedicated digital asset for AI-powered services, Cloudflare aims to streamline financial operations for autonomous AI systems operating across the internet.

This development could significantly impact the broader crypto market, as enterprise adoption of stablecoins continues accelerating. The NET Dollar joins other major corporate stablecoin initiatives, highlighting the growing institutional embrace of digital currencies. Market analysts anticipate this could drive increased demand for blockchain infrastructure and DeFi protocols supporting AI applications.

Cloudflare's entry into the cryptocurrency space signals a major validation of digital assets' utility in next-generation internet technologies, potentially influencing Bitcoin and altcoin markets as institutional crypto adoption expands.