Crypto forums and communities are buzzing after an investor who made over $7 million in August claimed that buying Remittix (RTX ) now is like buying XRP at $0.02. This revelation has continued to gain traction, with experienced investors believing in RTX and even tagging it ‘XRP 2.0’, while some still have doubts.
Is Remittix capable of reproducing the XRP frenzy of 2021? Let’s see.
XRP: The Legacy of a Payments Giant
Currently, Ripple can be tagged as the most adopted cryptocurrency payment method globally. Yet, Ripple has continued to expand its payment corridor with XRP being one of the most liquid digital cryptocurrencies, holding its position as one of the top 10 by market cap.
Ripple is set to roll out its stablecoin, RLUSD, and has also applied for a banking license in the U.S., which is under review. These factors, combined with rumours of an ETF approval, set XRP price for the moon.
While XRP seems all bullish, smart investors know its slow trajectory leaves room for a new rival to take the spotlight. When XRP was launched, it was sold at $0.02, and by the end of the 2021 bull run, it peaked at $3.65, delivering over 10,000% gains to investors.
However, XRP is now an established token with a market cap of $166 billion.
On the contrary, an emerging PayFi solution, Remittix , is set to challenge Ripple’s dominance.
Remittix (RTX): The PayFi Set To Challenge Ripple’s Dominance
Remittix is an Ethereum-based payment platform that facilitates crypto-to-fiat transactions across 30+ currencies. It offers fast, seamless transactions with zero fees and no FX conversion headaches.
Remittix addresses a $19 trillion real-world payment gap between traditional payment (Web2) and cryptocurrency (Web3).
While XRP can only be adopted by businesses/merchants who trade in cryptocurrency, Remittix is changing the narrative. It has a business API that can be used by freelancers, SMEs, and businesses to receive crypto payments, which are deposited to them as fiat.
Remtitix Highlights
- “XRP 2.0” is ready to compete with established projects like Ripple’s XRP and Stripe.
- Direct crypto-to-bank transfers in 30+ countries with no charges.
- Audited by CertiK — built with trust and transparency.
Discover the future of PayFi with Remittix by checking out their project here:
