The post Balaji Urges Crypto Industry to Build Tools for Refugees appeared on BitcoinEthereumNews.com.

Tech investor and former Coinbase chief technology officer Balaji Srinivasan has called on the crypto industry to develop more financial tools for refugees and stateless people. In a Saturday post on X, Srinivasan said the number of displaced individuals could grow as global conflicts intensify and economic migration increases. He pointed to examples ranging from Ukrainians fleeing war to workers leaving the Gulf countries amid regional tensions. “We should build more crypto tools for refugees and stateless people,” Srinivasan wrote, suggesting that blockchain-based systems can provide financial infrastructure when traditional institutions fail or become inaccessible. Srinivasan described crypto as “wartime mode for the internet,” arguing that decentralized networks were designed to operate even under hostile conditions such as cyberattacks, infrastructure failures or financial restrictions. He said that public blockchains can continue processing transactions even if centralized systems face disruptions. Related: Bitcoin ‘passing geopolitical stress test’ as BTC price spikes above $72K Crypto rarely builds for refugees despite clear need His comments came in response to a separate post from Andi Duro, founder of research site TwoCents, who argued that while crypto could serve refugees effectively, the industry rarely builds products specifically for them. “It’s very unfortunate that crypto is a great solution for refugees who are stateless and forced to interact with crumbling institutions and payment rails,” Duro wrote. “But nobody in crypto builds for refugees because they’re not useful consumers for gambling.” Srinivasan calls on crypto to build more tools for refugees. Source: Balaji Srinivasan However, Srinivasan noted that crypto has had some success in building such tools. He pointed out the growing role of stablecoins, which he said are already gaining global reach as a borderless form of digital money. “But we can do more,” he added. Related: US Senate bill targets prediction markets on war and assassinations UAE capital…

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Filed under: News - @ March 15, 2026 12:23 pm