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Cryptocurrency News Articles

Remittix: Rewriting the PayFi script with crypto-to-fiat settlements

May 06, 2025 at 06:01 pm

Remittix joins an already-busy PayFi segment, with dozens of crypto projects which promise to revamp traditional finance.

Remittix: Rewriting the PayFi script with crypto-to-fiat settlements

Crypto behemoth Ripple’s (CRYPTO: XRP) continues to trade sideways, with the XRP price hovering between $2.14 and $2.20 at press time.

XRP’s trading volume has also been lackluster, ranging from $1.2 billion to $4.9 billion in the last two weeks.

The network is also facing pressure, with its on-chain activity declining. According to Santiment, today’s daily active addresses on Ripple are “only a fraction” of its March peak.

However, some investors and analysts remain bullish on XRP’s price action, and there are a few catalysts that can push the XRP price past $5.

According to Brad Garlinghouse, Ripple’s CEO, the company is expanding the use cases of XRP by partnering with financial institutions.

Then, there’s the much-anticipated XRP ETFS, with a possible December 2025 decision, which can push its price to 5. While it’s a decent 150% ROI, one PayFi token can potentially explode by 5,000%: Remittix.

Remmitix: Rewriting The PayFi Script With Crypto-To-Fiat Settlements

Remittix joins an already-busy PayFi segment, with dozens of crypto projects which promise to revamp traditional finance.

These crypto initiatives aim to boost liquidity, improve cross-border payments and make banking accessible to all. Then, there are the traditional fintech apps, like Wise and Spribe, that let users enjoy fiat-to-fiat payments.

However, Remittix comes in with a mission: to offer businesses and individual users a way to pay from crypto to fiat.

The Remittix Pay API works like your regular fintech app, but with a few bells and whistles. It works for individuals and businesses, allowing customers to buy and pay for products using a secure blockchain infrastructure.

To use, just connect your wallet and you’re good to go. Transactions are super fast, with no FX charges or other hidden fees.

Also, payments are settled in over 30 currencies, without the receiver knowing it’s paid with crypto.

As The XRP Price Moves Sideways, Network Activity Also Slows Down, Per Santiment

Original source:tronweekly

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