Do you think bitcoin will help debt ridden or poor countries to improve the standard of living and also will bitcoin help these countries to become financially stable if they adapt crypto currency ?
No. Why would a country benefited from bitcoin. The one that will greatly benefited is their citizens only not the entire country. It will give their citizen purchasing power but since only few people have known bitcoin yet, it wouldn't put a significant dent of the economy of a country.
The only case study so far that benefited a country is in Venezuela and Zimbabwe. But that's different though. Both countries are in economic and political crisis. They are not debt ridden as what the question of the OP is.