Remittix Stabilizes Amid XRP Price Volatility After CLARITY Act Setback

Remittix, a PayFi project developing crypto-to-fiat payment infrastructure, has reported continued progress toward its next launch milestone as the digital-asset market assesses the fallout from the U.S. Senate's failure to advance the CLARITY Act.

The price of XRP stabilized near $1.33 after moving between about $1.29 and $1.34 during the session, following a sharp decline earlier in the week when it fell to around $1.28 as the proposed U.S. crypto market-structure legislation failed to secure the 60 votes needed to proceed.

Remittix reports that 82.33% of its current presale allocation has been sold, with the project's website listing RTX at $0.21 and identifying $0.23 as the next scheduled presale price. The official RTX launch date will be revealed after the presale reaches a $32 million milestone.

Remittix is positioning its product around a specific use case: allowing users to send cryptocurrency while recipients receive fiat in supported bank accounts, with plans for more than 30 fiat currencies and cash-out functionality involving over 50 cryptocurrency pairs.