The war for leadership of blockchain payments has become more intense, with Ripple’s XRP and Remittix (RTX) being front-runners. Both projects highlight the promise of faster borderless transactions in the future. But Remittix is adding a new element to the PayFi market: real-world usability, real-time uptake, and strong early traction.
As a cross-chain DeFi project, it is bridging digital assets and traditional finance by enabling transfers of crypto to bank accounts directly. It is being compared to the growth story of Ripple (XRP), but with a much stronger utility and adoption-driven story.
Ripple’s XRP traded at $2.97, which is down 1.55% in the last 24 hours, with a market capitalization of $178.48 billion. Its trading volume has gone down to $3.72 billion, down 29.38%. XRP is at the center of the international remittance debate, but the discussion persists regarding regulatory clarity and scalability.
With the evolution of the PayFi space, the majority of investors have questioned whether new cross-chain DeFi initiatives like Remittix can set the pace by solving real adoption issues.
One of the significant milestones for Remittix is the going-live of its Beta Wallet, now live with support for 40+ cryptocurrencies and 30+ fiat currencies. This milestone facilitates direct transfers from cryptocurrencies to bank accounts in more than 30 countries.
Along with that, it includes real-time FX conversion and low gas fees, which make it a working solution for freelancers, corporations, and everyday users. Unlike most presales live right now, Remittix is showing live infrastructure before token generation.
What’s Driving Remittix’s Growing Momentum
Crossing key presale milestones unlocked major announcements. Having crossed $20 million, the team made its first exchange listing on BitMart (BitMart announcement). With a subsequent crossing of $22 million raised, Remittix made a second exchange listing on LBank (LBank announcement). Listings remain not yet live, but these moves mark momentum towards enhanced liquidity and visibility on centralized exchanges.
In addition, the project also received validation from CertiK, the global leading blockchain auditor. Remittix is now officially ranked #1 on Pre-Launch Tokens on CertiK Skynet. This contributes to investor confidence and trust and highlights RTX as a security-centric, reputable DeFi project among top crypto under $1. As with Ripple and XRP, Remittix is building credibility through transparency and third-party validation.
Besides presale success, Remittix is encouraging adoption through incentives as well. The community introduced a 15% referral program where members earn daily USDT rewards for referrals of new buyers. The $250,000 Remittix Giveaway also persists, encouraging community engagement. These measures encourage grassroots growth while solidifying RTX’s position as a crypto addressing real-world issues, an endeavor usually credited to Ripple’s initiative for XRP’s global adoption.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
Disclaimer. This is a Press Release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Cryptopolitan.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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