💨 Abstract

Remittix, a PayFi contender, has surpassed $11 million in presale funds, drawing comparisons to iconic ICOs. Its focus on remittances, a $190 trillion market, resonates with investors seeking practical solutions. Remittix aims to make cryptocurrency-to-local-currency conversions faster and cheaper, addressing high fees and complex processes for families, migrant workers, and the unbanked.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖