Cloudflare, a leading global cloud service provider, has announced the launch of a new USD-backed stablecoin named NET Dollar. This stablecoin aims to provide instant and secure transaction support for proxy networks. Cloudflare's co-founder and CEO, Matthew Prince, highlighted the shift in internet business models, stating that the future will be driven by pay-as-you-go, fractional payments, and microtransactions, moving away from traditional reliance on advertising platforms and bank transfers.