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Cloudflare Seeks Issuer For NET Dollar Stablecoin
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8.4
Cloudflare saw shares rise after reports on Wednesday that Coinbase and Zerohash are competing to issue its forthcoming NET Dollar stablecoin later this year. The token would embed dollar-pegged payments into web infrastructure via the x402 HTTP 402 proposal to enable micropayments for autonomous AI agents, potentially creating a native settlement layer and new revenue streams.
Scoring Rationale
Strong industry relevance and novelty, but relies on unnamed sources and lacks definitive issuer confirmation.
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