XRP News Today: Remittix Emerges as XRP Challenger in Global Payments Shift

Generated by AI AgentCoin World
Saturday, Aug 16, 2025 8:16 am ET1min read
Aime RobotAime Summary

- XRP's market dominance declines as Remittix (RTX) emerges as a challenger in global cross-border payments.

- Remittix raises $19.7M in presale, offering real-time crypto-to-fiat transfers across 30+ countries with low fees.

- Analysts highlight RTX's deflationary model, CertiK audit, and institutional-grade compliance as key advantages over XRP.

- Platform's Q3 2025 beta wallet launch and $250K community rewards program aim to accelerate adoption before institutional partnerships.

- With XRP down 37.45% since 2025, analysts position RTX as a top crypto investment for utility-driven payments infrastructure.

Analysts are closely watching the potential for Remittix (RTX) to challenge XRP’s position in the global payments landscape. With

currently trading at $3.04 and down 1.71% over the last 24 hours, its dominance appears to be waning. The XRP market capitalization stands at $180.34 billion with a daily turnover of $7.35 billion, but both figures have declined by 37.45% since 2025 began [1]. This slowing growth has prompted investors to explore alternatives with more advanced features, broader currency support, and lower fees, with Remittix emerging as a key contender [1].

Remittix is being positioned as a cross-blockchain DeFi platform bridging cryptocurrencies and traditional finance. It allows users to send BTC, ETH, and XRP to bank accounts in over 30 countries within seconds. The project has raised over $19.7 million in its presale, selling 602 million RTX tokens at a price of $0.0944 each [1]. Analysts highlight its potential to become a “new XRP,” particularly due to its focus on real-world utility and institutional-grade compliance [3].

The platform is set to launch a beta wallet in Q3 2025, offering real-time foreign exchange conversion and support for 40+ cryptocurrencies and 30+ fiat currencies. This functionality is expected to enhance its appeal to both retail and institutional users. Additionally, as the presale surpasses $20 million, the RTX token will be listed on a centralized exchange, further boosting liquidity and exposure [2].

What sets Remittix apart is its deflationary token model, low gas fees, and staking features, which appeal to both long-term investors and frequent users. Its cross-chain architecture and CertiK audit—conducted by a leading blockchain security firm—add to its institutional credibility and scalability [2]. Analysts have cited Remittix as one of the top crypto investments heading into October 2025, especially as Bitcoin’s dominance declines and the market shifts toward utility-driven altcoins [2].

In a strategic move, Remittix has also launched a $250,000 community rewards program to incentivize early adoption and testing of its beta wallet. This initiative is seen as a way to build momentum ahead of broader institutional partnerships expected later in 2025 [2].

While no official data has yet confirmed a specific market share loss for XRP, analysts argue that the narrative shift is already visible among high-conviction investors and institutional buyers. The growing emphasis on real-world utility is reshaping the crypto payments landscape, with Remittix positioned as a serious contender for XRP’s role in cross-border transactions [2].

Source:

[1] [Will Remittix Replace XRP In The Global Payments Space? Analysts Say The Transition Is Already Underway](https://coindoo.com/will-remittix-replace-xrp-in-the-global-payments-space-analysts-say-the-transition-is-already-underway/)

[2] [Best Crypto Investments Before October: Remittix Tops High-Conviction Lists](https://coindoo.com/best-crypto-investments-before-october-remittix-tops-high-conviction-lists-from-analysts-and-institutions/)

[3] [Stablecoin: News & Updates - Page 10](https://cryptodnes.bg/en/tag/stablecoin/page/10/)