Remittix Invites 1,000 Holders to Test EUR and USD PayFi Services
Bitcoin remains the dominant asset in the crypto market, with investors closely monitoring whether it can extend its October recovery and approach the $100,000 mark. Meanwhile, Remittix has launched a new phase for its PayFi service, inviting 1,000 existing RTX holders to test EUR and USD payment options. This trial allows users to convert supported cryptocurrencies into fiat currency through compatible banking routes, potentially offering a seamless solution for freelancers and others receiving payments in digital assets.
Remittix's PayFi trial is part of a broader ecosystem that includes an iOS wallet with over 10,000 downloads and a Markets venue that has surpassed $50 million in cumulative trading volume. The company aims to create an integrated platform where users can hold, trade, and receive fiat payments in one place. Global remittances reached an estimated $856 billion in 2024, highlighting the potential market for a service that simplifies crypto-to-fiat conversions.
Bitcoin's price stood near $86,000 on October 5, with a move back to $100,000 representing roughly 16% upside. The cryptocurrency's scale and recognition make it a key benchmark for the market, and its performance could influence broader crypto adoption. For investors looking beyond BTC, Remittix's PayFi trial offers a specific catalyst in the lead-up to the planned November 24 debut of the RTX token.
Remittix's presale has attracted over 40,000 participants, raising more than $32 million toward a $36 million cap. The final presale stage is priced at $0.46 before the RTX launch. As Bitcoin sets the pace for October, Remittix's PayFi trial provides a company-specific milestone for investors to follow, with the potential to reach a wider audience post-launch.