Balaji Srinivasan Advocates for Crypto Solutions for Refugees
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Balaji Srinivasan urges crypto firms to build blockchain payment tools for refugees and stateless people, highlighting public blockchain resilience to cyberattacks, infrastructure failures and payment restrictions as a humanitarian adoption opportunity. USDC supply reached about $79.2 billion, nearing an $80 billion record, signaling rising stablecoin adoption and cross-border use that supports liquidity and on/off-ramp demand for DeFi/CEX.
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- Balaji Srinivasan urged crypto firms to build tools for refugees and stateless people as conflict disrupts access to finance.
- He said public blockchains can keep operating during cyberattacks, infrastructure failures, and payment restrictions.
- USDC supply reached about $79.2 billion, nearing a record $80 billion, as stablecoins gain wider cross-border use.
Balaji Srinivasan has urged the crypto sector to build products that can serve refugees and stateless people during periods of conflict, migration, and financial disruption. The former Coinbase chief technology officer said blockchain networks can offer access to money and payments when traditional systems become harder to use or stop working.
He made the remarks in a Saturday post on X, where he said the number of displaced people could rise as wars, regional tension, and economic movement continue across differ…
Read The Full Article Balaji Srinivasan Advocates for Crypto Solutions for Refugees On Coin Edition.
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