​​Cloudflare Plans ‘NET dollar’ Stablecoin to Power AI-Driven Payments

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Cloud infrastructure company Cloudflare has announced plans to move into the digital assets market with the launch of a US dollar-backed stablecoin.

According to a Thursday announcement, the company is working on the NET dollar, its stablecoin intended to support instant transactions triggered by AI agents — autonomous software programs that can perform tasks such as booking travel, ordering goods or managing schedules.

“Personal agents will be able to take instant, programmatic actions like paying for the cheapest flight, or ordering an item the…



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​​Cloudflare Plans ‘NET dollar’ Stablecoin to Power AI-Driven Payments


Cloud infrastructure company Cloudflare has announced plans to move into the digital assets market with the launch of a US dollar-backed stablecoin.

According to a Thursday announcement, the company is working on the NET dollar, its stablecoin intended to support instant transactions triggered by AI agents — autonomous software programs that can perform tasks such as booking travel, ordering goods or managing schedules.

“Personal agents will be able to take instant, programmatic actions like paying for the cheapest flight, or ordering an item the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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