Cloudflare Launches AI Identity System and Stablecoin Wallet

Cloudflare has launched an identity authentication tool for AI agents called cloudflare.id and a digital wallet service aimed at promoting the development of the agent economy. This identity system provides users' AI agents with a verifiable permanent online identity, allowing merchants to confirm whether an AI agent is acting on behalf of a real user. At the same time, Cloudflare has introduced a wallet service for storing payment funds available to AI agents. Users can recharge through bank transfers, converting funds into a stablecoin pegged to the US dollar, and authorize AI agents to use the wallet for shopping payments. To prevent uncontrolled spending by AI agents, Cloudflare Wallet offers security control features such as spending limits and merchant whitelists, allowing users to restrict the range and amount of purchases by the agents. Cloudflare believes that the internet in the AI era will adopt a more machine-friendly information structure to enhance the efficiency of agents in obtaining information and completing transactions.

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