Cloudflare announces plans to launch NET Dollar, a US dollar-backed stablecoin designed to support payments for the “agentic web”
(i) In general.—A public company that is not predominantly engaged in 1 or more financial activities, and its Antonio García Martínez / @antoniogm : Crypto is the financial system for AI. Serpin Taxt / @serpinxbt : cloudflare entering stablecoin market was NOT on my bingo card web2 corpos continue to come for stablecoin marketshare interesting that they are much more focused on agentic payments [image] Romano / @rnr_0 : My cloudflare shares About to fucking print (again) 😂 Wei Dai / @_weidai : Cloudflare launching a stablecoin is not on my bingo list. Details of the NET Dollar are limited in the announcement itself: there's no mention of which chain or issuing partner. However, Cloudflare does mention commitments to open standards, such as x402 and AP2 (agent-based [image] @0xfoobar : Cloudflare announced “agent dollars” today, a few days after partnering with Coinbase for the x402 Foundation (an HTTP standard for requesting payment on the web) What does this mean? 🧵 @luxalgo : ANOTHER stablecoin offering, but with AI utility. Cloudflare $NET introduces NET Dollar stablecoin for agentic AI transactions. Will integrate this coin across its networks to facilitate agentic AI payments and compensate creators and API developers [image] Pierre / @pierre_crypt0 : You know what we would be really useful right now ? Another stablecoin. Rogue / @rogue_says : NEWS: Cloudflare to create stablecoin NET Dollar for the AI agentic web AI agents in web2 and web3 are not close to being ready for autonomous use yet. If it's dealing with money, the last thing you'd want is to have agents fck up Still, that future is coming. Build the infra! [image] @solanalegend : Cloudflare just dropped a stablecoin called NET Dollar to be used in pay-per-use, microtransactions, and fractional payments on the Internet. Cloudflare is at the center of the data conversation because it is restricting widespread webscraping for training AI models [image] Mert / @0xmert_ : @eastdakota @Cloudflare This doesn't actually explain anything Is this going to be a separate chain? Are you just doing the stablecoin part? Can you give more details? @cloudflare : Cloudflare introduces NET Dollar, a new U.S. dollar-backed stablecoin that will enable instant, secure transactions for the agentic web. https://www.cloudflare.com/... Matthew Prince / @eastdakota : The web needs a stablecoin that will work to power agents, micro payments, and other transactions. We'll support many flavors, but are excited about what @Cloudflare's NET Dollar will be able to achieve being purpose built for these needs. Furqan Rydhan / @furqanr : Cloudflare gets it: agents need money to spend. The NET stablecoin proves major infra companies see what's coming. AI agents that transact instantly, no api keys needed. This is the biggest monetization unlock since mobile in-app purchases. Within 2 years, every major API will @vimtor_ : it's super cool to see so many big companies finally entering the blockchain world through stablecoins at the same time, a future with 18 different versions of the US dollar feels very weird to me LinkedIn: Arielle : Two of my favorite worlds collide today!! 🚀🪙 — Cloudflare just announced NET Dollar — our U.S. dollar-backed stablecoin designed … Mastodon: Richard MacManus / @ricmac@mastodon.social : Cloudflare announces “NET Dollar, a new U.S. dollar-backed stablecoin that will enable instant, secure transactions for the agentic web.” https://www.cloudflare.com/... It's a stablecoin. Interesting there's no mention of blockchain or crypto in the release or the info page (well, they want this to be taken seriously!). https://netdollar.cloudflare.com/ … Forums: Hacker News : Cloudflare Introduces Net Dollar
Really hoping @Cloudflare got permission from the SCRC first if they are actually going to be the issuer or this is, you know, illegal. From Genius: “(B) Prohibition.—(i) In general.—A public company that is not predominantly engaged in 1 or more financial activities, and its
cloudflare entering stablecoin market was NOT on my bingo card web2 corpos continue to come for stablecoin marketshare interesting that they are much more focused on agentic payments [image]
Cloudflare launching a stablecoin is not on my bingo list. Details of the NET Dollar are limited in the announcement itself: there's no mention of which chain or issuing partner. However, Cloudflare does mention commitments to open standards, such as x402 and AP2 (agent-based [im…
Cloudflare announced “agent dollars” today, a few days after partnering with Coinbase for the x402 Foundation (an HTTP standard for requesting payment on the web) What does this mean? 🧵
ANOTHER stablecoin offering, but with AI utility. Cloudflare $NET introduces NET Dollar stablecoin for agentic AI transactions. Will integrate this coin across its networks to facilitate agentic AI payments and compensate creators and API developers [image]
NEWS: Cloudflare to create stablecoin NET Dollar for the AI agentic web AI agents in web2 and web3 are not close to being ready for autonomous use yet. If it's dealing with money, the last thing you'd want is to have agents fck up Still, that future is coming. Build the infra! [i…
Cloudflare just dropped a stablecoin called NET Dollar to be used in pay-per-use, microtransactions, and fractional payments on the Internet. Cloudflare is at the center of the data conversation because it is restricting widespread webscraping for training AI models [image]
@eastdakota @Cloudflare This doesn't actually explain anything Is this going to be a separate chain? Are you just doing the stablecoin part? Can you give more details?
Cloudflare introduces NET Dollar, a new U.S. dollar-backed stablecoin that will enable instant, secure transactions for the agentic web. https://www.cloudflare.com/...
The web needs a stablecoin that will work to power agents, micro payments, and other transactions. We'll support many flavors, but are excited about what @Cloudflare's NET Dollar will be able to achieve being purpose built for these needs.
Cloudflare gets it: agents need money to spend. The NET stablecoin proves major infra companies see what's coming. AI agents that transact instantly, no api keys needed. This is the biggest monetization unlock since mobile in-app purchases. Within 2 years, every major API will
it's super cool to see so many big companies finally entering the blockchain world through stablecoins at the same time, a future with 18 different versions of the US dollar feels very weird to me
Cloudflare announces “NET Dollar, a new U.S. dollar-backed stablecoin that will enable instant, secure transactions for the agentic web.” https://www.cloudflare.com/... It's a stablecoin. Interesting there's no mention of blockchain or crypto in the release or the info page (we…