Cryptocurrency can serve as an effective alternative for capital flows in emerging markets. Its decentralized nature bypasses traditional banking systems, reducing transaction costs and time for cross-border transfers. Blockchain ensures transparency and security, appealing to markets with unstable currencies or restrictive financial policies. For instance, in countries like Venezuela or Zimbabwe, where hyperinflation erodes trust in fiat, cryptocurrencies like Bitcoin offer a store of value and medium of exchange. Stablecoins pegged to assets like the USD provide stability, encouraging adoption. However, challenges like regulatory uncertainty, volatility, and limited internet access hinder scalability. While not a complete replacement, cryptocurrencies complement existing systems, enhancing financial inclusion and resilience in emerging economies.