Remittix RTX Launch Set for November 24 Amidst Federal Reserve Stablecoin Proposals

The Federal Reserve recently invited public comment on proposals for payment-stablecoin issuers it supervises, marking a significant step in shaping the regulatory landscape. Chainlink (LINK) and XRP have drawn attention in this discussion, but their established size means a 100x return is unlikely.

Remittix, however, has garnered interest earlier in its lifecycle with its PayFi network aiming to convert supported crypto into bank-bound fiat. Its live trading venue and available iOS wallet already showcase the project's product range.

The Remittix team plans to launch RTX on November 24, giving buyers an event to assess beyond macro headlines. With a presale that has raised over $32 million from more than 40,000 participants, the project's ambition is clear. Its PayFi service aims to deliver fiat to compatible bank accounts across more than 30 currencies after a sender pays in supported crypto.