Ripple’s XRP and Stellar (XLM) are key players in the massive cross-border remittances and payments sector. They focus on connecting crypto to big financial institutions to enable faster, low-cost transactions by bypassing the tedious traditional banking system.
While that’s great, it leaves a gap in the market because retail crypto holders and small businesses are left hanging in the balance. That’s where the Remittix (RTX) crypto-to-fiat payment network comes in to bridge the gap and revolutionize the highly valuable $750 billion cross-border remittance economy.
Here are five solid reasons market pundits believe Remittix might overtake XRP and XLM as the future of crypto payments.
Remittix addresses a vital gap
XRP and XML work with large institutions like banks. However, Remittix is building a cutting-edge payment infrastructure that’s accessible to everyone, regardless of their location and economic status.
Source – Remittix
By focusing on everyday consumers, small businesses and the unbanked/underbanked population, which accounts for more than 1.4 billion adults globally, Remittix makes it a breeze for anyone to send cross-border payments anywhere in the world using crypto.
Integration with local payment apps
While XRP and XLM offer innovative payment solutions, their integration with traditional fiat payment systems remains limited. That’s where Remittix beats them hands down!
This Ethereum-based dApp integrates with local fiat payment networks across the world to facilitate seamless transactions between the crypto and fiat worlds. Closing this gap gives the average consumer the ability to engage effectively with crypto assets and payments.
A multi-crypto-to-fiat payment network
Unlike Ripple and Stellar, which rely on their native network tokens XRP and XLM to facilitate cross-border payments, Remittix is a multi-asset platform. Just by connecting their wallets, users will be able to send money across borders in 50+ crypto pairs and 30 fiat currencies.
Faster, seamless and cheaper transactions
Inefficient and costly traditional financial channels are known for their delays, hidden fees and prolonged processing times of 2-5 business days. While XRP and XLM have solved this issue to some extent, Remittix takes it to a whole new level.
Remittix offers same-day cross-border payments at a flat fee and the recipient gets a normal bank deposit without ever knowing it was initiated as a crypto payment. That addresses challenges like high fees and slow processing times synonymous with traditional banking channels.
Insane investors interest
With over $750 billion in global remittances sent annually, Remittix’s innovative DeFi solution positions it to disrupt this massive market and rise into a multi-billion-dollar cross-border payment network ahead of XRP and XLM.
That prospect has sparked insane investor interest as whales line up to grab their share of the RTX token. Just a few months after its debut in the ICO market, the Remittix presale has garnered over $14.5 million, with over 529 million tokens already sold out.
Don’t miss this low-cap crypto gem
While XRP and XLM pioneered cross-border crypto payments, the emerging Remittix crypto-to-fiat protocol is rising quickly to streamline it and usher it to the next phase.
At $0.0757, the RTX price is already up over 400% from its $0.015 entry price. But that’s just the beginning. Top analysts believe this new altcoin might register a 50x upsurge once launched, leaving small gains to XRP and XLM.
Step in right now and load up your RTX bag while the price is still at a bargain!
Discover the exciting opportunities of the Remittix (RTX) presale today!
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
