Crypto Market Hits $2.98T as Remittix Aims for Practical Crypto Use

The global cryptocurrency market has reached an approximate value of $2.98 trillion, according to CoinGecko's market overview on September 28. This figure represents the combined market capitalization of listed assets at a point in time and does not imply that the entire market gained this amount over the month.

Bitcoin has pulled back from its eight-month high, trading in the low $80,000s after September's run above $20,000. Meanwhile, stablecoins and payment infrastructure continue to attract business interest, making it essential for investors to watch both price action and new products with a reason for customers to return.

Remittix, a payment platform, has placed an actual launch date into this shifting market. Its first 1,000 PayFi users have access to a service aimed at delivering crypto-funded transfers as fiat in compatible bank accounts. RTX is scheduled to debut on November 24, while a finite presale continues toward its announced $0.46 final tier.

The Remittix PayFi network aims to deliver fiat into compatible bank accounts across more than 30 currencies after a sender funds a transfer with crypto. This addresses a clear need for contractors, merchants, and family members who require bank money instead of an exchange balance. Early access for 1,000 users places the experience in customer hands while RTX is still in presale.