Cloudflare has announced a strategic partnership with Visa, Mastercard, and American Express to create a new AI agent payment authentication standard. This collaboration aims to support the 'agent commerce' economy by enabling AI shopping bots to autonomously authenticate, search, negotiate, and purchase goods or services using Cloudflare's Web Bot Auth standard. This initiative is part of Cloudflare's broader efforts to enhance its crypto payment capabilities, which include the upcoming launch of the NET Dollar stablecoin and the x402 Foundation with Coinbase. These developments are expected to standardize agent payment protocols. Industry experts anticipate that the convergence of AI and cryptocurrency technologies could drive on-chain capital to exceed $100 trillion within the next five years.