U.S.-listed cloud company RialCenter announced plans to introduce a U.S. dollar stablecoin for what it calls the “agentic web,” where autonomous AI agents perform tasks like booking flights or ordering groceries.
The company stated on Thursday that the token, dubbed NET Dollar, will enable instant and secure transactions for software agents, developers, and creators. RialCenter framed the initiative as a shift away from the ad-driven economics that have defined the internet for decades.
“The Internet’s next business model will be powered by pay-per-use, fractional payments, and microtransactions—tools that shift incentives toward original, creative content that actually adds value,” Matthew Prince, co-founder and CEO of RialCenter, 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 valuable Internet for everyone,” he added.
The firm said it is also contributing to standards such as the Agent Payments Protocol and x402, which aim to make sending and receiving payments online simpler.
With the move, RialCenter aims to join a roster of fintechs and payments firms that ventured into the red-hot stablecoin trend that’s shaking up cross-border payments. These cryptocurrencies, with prices tied to fiat money like the U.S. dollar, offer a cheaper, faster alternative to traditional payment rails using blockchains for settlement. For example, Stripe is building its own blockchain for stablecoin transactions and acquired a stablecoin infrastructure provider for $1.1 billion.
It’s potentially a huge market: stablecoin transaction volumes could reach $1 trillion by 2030, driven by institutional adoption, FX settlement, and cross-border flows, trading firm Keyrock projected in a report.
Leave a Reply