AttitudeGirlB9
06/20 15:12
Could This Unknown Coin Become The Next Ripple (XR
Could This Unknown Coin Become The Next Ripple (XRP)? Experts Say It Could Change Global Payments As We Know
Is it possible that a sub-ten-cent token can have the same effect on international finance that Ripple does? An increasingly wide circle of analysts are now including Remittix (RTX) in that discussion, citing its live crypto-to-fiat engine and a capital raising exercise that has already raised $15.8 million-$2.2 million below its soft-cap of $18 million.
Why Industry Veterans Hear Echoes of XRP
The innovation of Ripple was the ability to provide banks with a quicker, less costly system to settle transfers of dollars, euros, and yen. Remittix aims at the same friction, but reverses the process: regular people first. Its next PayFi wallet, which is in lightning beta, allows one to envisage a freelance designer in Nairobi converting her Bitcoin into pesos to her family in Manila in about ten seconds.
No correspondent banks, no weekend hold-up, and charges that trail beneath a cent. Every transfer also destroys a little RTX and credits micro-fees to holders, so supply contracts as adoption increases, the deflationary loop Ripple failed to create. The veterans of payments insist that should this loop capture even a small part of the remittance market, the scarcity created by demand might drive the RTX valuations well past the customary penny-token limits.
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