Cloudflare to Launch Stablecoin for Automated Transactions

Citigroup analysts raised the stablecoin sector forecast to $4 trillion by 2030.

Network services provider Cloudflare plans to release the “stablecoin” NET Dollar, as announced by the company’s CEO, Matthew Prince. 

Introducing NET Dollar: https://t.co/D5QrMDx0qG.

— Matthew Prince 🌥 (@eastdakota) September 25, 2025

“NET Dollar is created for a new era — the era of algorithms and machines. It will enable fully automated transactions without human intervention,” states the project’s website. 

Cloudflare added that the asset will “operate across any networks and ecosystems, ensuring seamless global trade.” The company did not specify an exact launch date but promised to introduce the coin “soon.” 

Bitcoin evangelist Stepan Gershuni noted that the network service provider’s stablecoin logically fits into the infrastructure of the future.

“In a few years, only agents will roam the internet. They will also pay. For MCP and various APIs. Obviously, using fiat money is inconvenient, expensive, and generally outdated for them. Programmable money is just right,” he added. 

$4 Trillion by 2030 

Interest in stablecoins is gaining momentum among major players in both the crypto industry and traditional finance. Alongside Cloudflare’s announcement, Citigroup analysts raised their forecast for the stablecoin sector’s volume by 2030. 

“Amid strong market growth over the past six months and a large number of new projects in the US and worldwide, we have revised our expectations for stablecoin issuance volume: the base scenario is up to $1.9 trillion (previously $1.6 trillion), optimistic up to $4 trillion (previously $3.7 trillion),” they stated. 

In August, Citi experts warned that stablecoins could pose a threat to banks. They noted that interest payments on such assets could lead to a massive outflow of deposits from the banking system.

At the time of writing, the segment’s capitalization exceeds $295.6 billion. 

Previously, Stripe CEO Patrick Collison noted that stablecoins are gaining popularity due to their speed, low cost, and reliability compared to TradFi systems. According to him, a vast number of companies use these assets not for speculative gain but for real financial activities.

In May, media reported that major US banks were in talks to jointly issue a “stablecoin.” In September, nine major European banks joined forces to launch a euro-based stablecoin. 

In August, a dollar-pegged asset was launched by the Web3 wallet MetaMask. Within a week, the mUSD supply increased from $15 million to $65 million. Meanwhile, the company behind USDT, Tether, introduced a “stablecoin” for the US market. 

On September 23, the National Bank of Kazakhstan announced the launch of a pilot stablecoin project pegged to the tenge. The initiative involves Solana and Mastercard.