Remittix Opens PayFi Network to 1,000 Users Ahead of RTX Token Launch
Remittix has reached a key milestone in its development of a crypto-to-bank payment platform. The company has opened its PayFi network to an initial cohort of 1,000 users, allowing them to test the system ahead of the scheduled RTX token launch on November 24, 2026.
The Remittix PayFi expansion comes as other significant developments are taking place in the payment and real-world-asset networks. Ripple's monthly escrow process is due to unlock up to 1 billion XRP on October 1, while Bitwise has brought its Premium+ RWA Vault to Sui.
Remittix aims to simplify the process of transferring cryptocurrency to bank accounts by compressing multiple steps into a single payment flow. The company's product suite includes the Remittix Wallet, which has surpassed 10,000 downloads, and the forthcoming Remittix Earn platform with advertised yields of up to 22% APY.
Remittix plans to connect its services so users can manage, trade, earn, and make bank-bound payments through one ecosystem. The company has raised over $32 million from more than 40,000 participants, with the RTX token priced at $0.21 and a hard cap of $36 million.