On the flip side is , which costs $0.0671 and has raised over $12.69 million in presale with 502+ million tokens sold. Instead of exploring tokenizing assets, RTX focuses on a tangible financial issue: the time-consuming, expensive, and sometimes convoluted process of remitting money internationally. Its PayFi solution exchanges crypto into fiat, depositing the funds into the recipient’s bank account instantly.
If you’ve ever sent money abroad, you’re familiar with the hassles of multi-day delays, unknown wire charges, and uncooperative currency exchange rates. Remittix (RTX) vows to do away with these headaches by allowing a purchaser to send stablecoins or other cryptocurrencies, which the system sells and sends as local currency in about 24 hours. The recipient doesn’t have to worry about wallets or technical expertise; it’s like a regular bank transfer, without the exorbitant fees.
For example, consider a small Mexican store buying its wares in Spain. Normally, that would involve wire transfers, multiple middleman banks, and fees cutting into profit. With RTX, stablecoins in, local fiat out the other end, pretty much in real-time.
This focus on practical everyday use strongly appeals to adopters, ranging from freelancers and small enterprises to even prospective large-scale business partners. Analysts expect that when Remittix becomes well known, demand for the token might skyrocket, driving price appreciation beyond speculation.
