Remittix Prepares for Token Launch by Expanding PayFi Test Group
Remittix is preparing for its November 24 token launch by expanding its PayFi test group to 1,000 existing RTX holders. This milestone marks a crucial step in connecting crypto holdings with bank money.
The project has already seen significant interest, with more than 40,000 participants joining the presale, which aims to raise $36 million. The wallet and Markets venue are already available for users to hold and trade, but PayFi adds a new layer by allowing supported crypto to fund transfers and fiat to reach compatible banking destinations.
The World Bank estimates that global remittance flows will reach $856 billion in 2024, offering a significant opportunity for Remittix. Even a small fraction of this market could translate to hundreds of millions in annual payments, making RTX a more attractive token for investors.