Cloudflare is considering Coinbase and Zerohash to support a planned NET Dollar stablecoin for AI agent micropayments, extending its x402 Foundation work as the company’s shares climbed more than 6% Wednesday.
Cloudflare is considering Coinbase and Zerohash to help issue its planned NET Dollar stablecoin, a dollar-pegged token the company aims to launch later this year for micropayments across AI agent networks. The project builds on Cloudflare’s x402 Foundation partnership with Coinbase, adding a concrete stablecoin initiative to earlier reports that Coinbase was seeking a payments partnership with the internet infrastructure company. Cloudflare shares rose more than 6% to $225.48 on Wednesday as the effort gained attention.