XRP News Today: Banks Explore Crypto-Backed Loans, PayFi Tokens Like XRP, XLM, and Remittix Gain Traction

As traditional financial institutions explore crypto-backed loan programs, analysts highlight the potential for PayFi tokens to emerge as key players in the evolving market. XRP and XLM remain central to discussions, while newer entrants like Remittix are gaining traction for their practical applications in cross-border payments. The convergence of institutional interest and utility-driven innovation is reshaping expectations for the sector.

XRP has recently broken out of a multi-month consolidation phase, drawing comparisons to its 2017 bullish pattern. Analysts project a potential price target of $12.50 if the trend holds, citing strong technical indicators and renewed institutional demand. However, recent movements of 50 million XRP by a wallet linked to Ripple co-founder Chris Larsen have sparked short-term volatility. Despite this, long-term holders remain optimistic, with veteran trader Ripple Van Winkle advising investors to focus on the broader market dynamics rather than immediate price fluctuations [1].

Stellar (XLM) experienced record growth in July, surging 75.7%—its highest monthly gain since 2020. This momentum was followed by a pullback, with open interest dropping 33% and traders withdrawing $196 million from derivatives markets. Technical indicators like the MACD have turned bearish, signaling caution among traders. Yet, XLM’s appeal persists as traditional banks increasingly evaluate crypto assets for cross-border lending, particularly those with proven payment infrastructure [1].

Remittix (RTX) has emerged as a strong contender in the PayFi space, having raised $17.3 million through the sale of 569 million tokens. The project’s real-world utility is already evident, with a UK-based media group using its platform to make low-cost, high-speed payments to contributors in Nigeria, Ghana, and South Africa. Analysts cite several factors positioning Remittix as a standout: its upcoming wallet beta (launching September 15), a 50% bonus for early buyers, and its ability to solve tangible payment challenges. Priced under $0.10, the token is being described as “XRP 2.0” by some investors, with its adoption growing during periods of reduced DeFi activity and meme coin rotations [1].

The competitive landscape underscores a broader shift toward tokens with clear use cases and infrastructure. While XRP and XLM benefit from established networks and institutional partnerships, Remittix’s rapid real-world deployment and affordability make it an attractive option for investors seeking exposure to the PayFi boom. The token’s inclusion in Super Grok AI’s 2025 watchlist and its designation as a “next 100x” candidate in early reports further highlight its potential [1].

As banks and fintech firms continue to integrate blockchain into lending models, the focus remains on projects that address operational inefficiencies in legacy systems. XRP’s role in Ripple’s global settlement network and XLM’s scalable payment solutions align with institutional priorities, but Remittix’s ability to deliver immediate value in cross-border transactions could set it apart. The next few months will be critical in determining which tokens solidify their leadership in the PayFi ecosystem.

Source: [1] [title1: As Banks Consider Crypto Loans, Analysts Predict PayFi Tokens Like Remittix, XRP and XLM Will Lead] [url1: https://coinmarketcap.com/community/articles/6885dda93c8fb03af0623ac3/]