💨 Abstract

The article discusses Remittix (RTX), a cryptocurrency project labeled as XRP's rival for cross-border payments, due to its focus on everyday remittances. RTX raised over $12 million in presale, showing investor confidence in its PayFi solutions. The goal is to capture a fraction of the $190 trillion remittance market by offering lower fees for swapping digital assets into local cash.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖