Remittix Tests PayFi App Ahead of November 24 Debut

Remittix, a payments project, is testing its PayFi app with the first 1,000 existing holders. This move comes ahead of its planned November 24 debut. The app is designed to convert supported cryptocurrencies into fiat through compatible banks, making it easier for users to use their crypto in daily life.

The test aims to turn supported crypto into fiat delivered through compatible banks, with a wallet and live Markets platform giving users other reasons to stay. If the first transfers begin to repeat, buyers may have a new way to judge the RTX opportunity beyond the familiar XRP target.

XRP is currently trading around $1.54, and a climb to $8 would require sustained buying across several intermediate targets and a major expansion of its already substantial market capitalization. Remittix has reported more than 10,000 iOS downloads and over $50 million of cumulative trading volume.

The project's presale has attracted over 40,000 participants, raising more than $32 million. The planned RTX launch on November 24 follows a $0.46 final presale stage.