Former Coinbase CTO Balaji Srinivasan believes the crypto industry should focus more on building financial tools for refugees and stateless people.

In his view, public blockchains can provide access to money and financial services for people who may suddenly lose access to traditional banking systems due to conflict, migration, or political instability.

He argues that decentralized tools designed to work under difficult conditions could become critical infrastructure during global disruptions.

Balaji also highlighted that stablecoins and blockchain networks are already being used globally, but there is still significant room to build solutions that help vulnerable populations store value and move funds securely.

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