Binance founder Changpeng Zhao argues that crypto adoption could stabilize India’s faltering economy impacted by trade tensions and protectionist policies. Zhao highlights the potential of blockchain technology and cryptocurrencies as a solution to India’s economic woes, urging a shift away from traditional protectionism towards innovation driven by digital solutions. His insights are based on his experience working with countries like Kazakhstan and Pakistan, where he served on national crypto councils. He suggests that establishing a national crypto reserve could diversify the economy and safeguard it against currency fluctuations. Zhao emphasizes that India should embrace crypto as part of its financial strategy to achieve economic stability and growth.