Remittix, The Next-Gen Crypto Set to Flip the PayFi Script

Recently, Ripple hit a snag with the court and the Securities and Exchange Commission, but the crypto is still holding strong and targeting new highs.

Recently, Ripple hit a snag with the court and the Securities and Exchange Commission, but the crypto is still holding strong and targeting new highs.

Hours after the court denied the joint request of Ripple Labs and the SEC, XRP’s price slightly dipped to $2.37 on May 16th, but bounced back to over $2.40, continuing the bullish trend. Now, there’s another XRP price catalyst that’s ready to push XRP to new highs: the launch of CFTC-regulated XRP futures by the CME Group.

This latest announcement comes at an exciting moment for XRP volume in the past few days spiked, briefly knocking Tether’s USDT to become the third biggest crypto by market cap. Yet as XRP continues to gain steam, another crypto is surging towards official listing with a revolutionary take on PayFi and cross-border payments. Could a new crypto upstage XRP and become the dominant player in PayFi?

Rumors about a CME XRP futures listing started last April 2025

Ripple Labs may have encountered a regulatory hiccup, but XRP remains on a solid roadmap. In the words of Ripple’s Alderoty, today’s developments don’t change Ripple’s wins. Instead, XRP holders and supporters can count on another victory, this time firming up the company’s argument that it’s expanding the asset’s use cases and institutional adoption.

Chicago-based CME Group recently shared that it’s launching its XRP futures on May 19th. The plan to offer XRP futures comes after the group introduced its SOL-based futures and added pricing indices for XRP last year. The group’s move to introduce pricing indices reflects a growing confidence in XRP among traditional finance institutions.

When the rumor about the XRP futures broke out last month, price targets swirled, with some looking at a possible $2.74 TP. The formal launch of XRP futures coincides with the growing interest in structured cryptocurrency offerings. Some analysts see this announcement as a catalyst for the potential approval of spot ETFs somewhere later this year.

XRP is currently trading above $2.43, reflecting a slight increase from $2.47, with a 2% drop from yesterday’s close. Ripple’s XRP was one of the top performers in the market in recent days, with its price testing $2.60 multiple times, and briefly topping Tether’s USDT to become the third biggest crypto.

Zooming out the charts, XRP still delivers huge price gains; the crypto is up 17% on a month-over-month basis and an impressive 370% year-on-year growth. In addition, trading volume continues to surge and has increased by 15% to hit over $5.6 billion.

As Ripple Labs continues to hurdle roadblocks and sees increased institutional adoption, another crypto built in the same PayFi model is gaining ground. Remittix, a payment network that’s built on the Ethereum blockchain, aims to reinvent cross-border payments. While popular fintech apps like Spribe and Wise already handle cross-border payments, these platforms only allow fiat-to-fiat settlements.

Remittix addresses the gap by allowing crypto-to-fiat transactions, using a smart contract built on the Ethereum chain. The result isn’t just an expansion of cross-border payments applications, but a PayFi solution that’s safe, cost-efficient and truly inclusive. Remittix’s Pay API is safe, with its Ethereum-based smart contract rated ‘Very Safe’ by Blocksafu.

The project’s native token, RTX, is currently in presale and priced at $0.0757 and set for another increase to $0.0781, which extends the growing gains of early adopters. With less than 20% of the token supply up for grabs, now is the best time to buy in, join the growing Remittix community and potentially collect a life-changing ROI upon listing.

Read more about the Remittix presale information here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix