Savvy crypto investors are moving on from hype to tokens with real world utility. Coins like Ripple (XRP) and Remittix (RTX) are like this, offering valuable financial services to both retail and institutional entities. Crypto whales are already taking positions in them already as they are poised for explosive growth in the coming weeks
Remittix introduces transformational PayFi protocol, soars 400%
Remittix concerns itself with solving the core problems plaguing cross-border payments, high fees, slow transaction times and lack of transparency. Its PayFi protocol connects global payment networks with numerous blockchains. This allows anyone to send crypto as fiat to any bank account in the world.
These transactions are near-instantaneous. The associated fees are much cheaper than available alternatives like Western Union and the process is more efficient as well. This specific utility could transform the $800 billion cross-border market and that’s what Remittix aims to achieve.
As a result, crypto experts are expecting big things from Remittix. If it successfully captures even a small fraction of the global remittance market, demand for RTX would go through the roof.