“The Cloud Company of the Token, Dubbed Net Dollar, Will Enable Instant, Global Transactions for Autonomous Agents Online.”, – WRITE: www.coindesk.com
The company said on thursday that the token, Dubbed Net Dollar, Will Enable Instant and Secure Transactions for Software Agents, Developers and Creators. Cloudflare Framed The Initiative As A Shift Away from the ad-Driven Economics that have distined the Internet for Decades.
“The Internet’s Next Business Model Will Be Powered by Pay-Pay-Pier-US, Frational Payments, and Microtransactions-Tools that SHIFT INCENTIVES TOWARD ORIGINAL, CREATIVE CONTEENT THAT ATULE. CO-FOUNDER AND CEO OF CLODFLAR, SAID IN A STATEMENT.
“BY USING OUR GLOBAL NETWORK, We Are Going to Help Modernize the Financial Rails Needed to MOVE MONEY AT THE SPEED OF THE INTERNET, HELPING TO CREATE A MORE OPEN AND VALUBLE INTERNEBLE.
The FIRM SAID ITIS ALSO STANDARDS SUCH as the agent payments protocol and x402, which aim to make sender and receiving payments online.
With the move, Cloudflare aims to join a Roster of Fintechs and Payments Firms that Ventured Into the Red-Hoto Stablecoin Trend that’s Shaking Up Cross-Border Payments. These Cryptocurrencies, with Prices Tied to Fait Money Like The Us Dollar, Offer A Cheaper, Faster Alternative to Traditional Payment Rails Using Blockchains for Settlement. For Example, Stripe Is Building ITS OWN BLOCKCHAIN, TEMPO, for Stablecoin Transactions and Acquired Stablecoin Infrastructure Provider Bridge for $ 1.1 Billion.
IT’s Potentilly a Huge Market: Stablecoin Transaction Volumes Could Reach $ 1 Trillion by 2030, Driven by Institutional Adoptation, FX Settlement and Cross-Border Flows, Trading Firm.
Bank Tokens May Ultimately Surpass Stablecoins in Transaction Volume, Report SAID.
- Citi Raises It 2030 Stablecoin Issuance Forecast to A $ 1.9 Trillion Base Case and A $ 4 Trillion Bull Case.
- Stablecoins Could Support Up to $ 200 Trillion in Transactions at Scale.
- Bank Tokens May Overtake Stablecoins As Corporates Seek Regulatory SafEGuards.
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