Chainlink Price Momentum Boosted as Remittix Tests Crypto-to-Bank Payment Service
Chainlink's price momentum is gaining traction as Remittix invites 1,000 of its existing RTX holders to test PayFi, a crypto-to-bank payment service. This development comes on the heels of Chainlink's Q4 narrative, which highlights the growing need for dependable connections between financial institutions and blockchains.
The project's focus on institutional connectivity is crucial in making blockchain systems more practical for large organizations. Remittix, on the other hand, is addressing a simpler yet critical question: when can crypto funds reach a bank account as fiat?
Remittix has announced a November 24 debut for its RTX token, with a presale already underway. The project's iOS wallet has exceeded 10,000 downloads, and Remittix Markets has handled more than $50 million in cumulative trading volume.