Could Remittix Challenge Stellar’s Role in Crypto Payments? Analysts Share Insights

The altcoin market is about to get a thorough shakeup this year, especially as traders begin to figure out what the best crypto to invest in is. Stellar has fallen down the ranks among top cryptos since the crypto winter in 2022, and could be set to fall even further.

Why? A new PayFi project is coming to challenge the old guard. Remittix has been in presale all year, and its reveal moment is getting closer.

Traders, holders, and investors are locked in; can Remittix replace Stellar as far as payments go? Let's see.

Stellar News: Rise And Fall Rock XLM

The XLM project is on a damage control mission at the moment, as monthly and weekly charts don't look too good. Stellar rose during the bullish run in July, but its stocks have fallen rather rapidly.

Not because of a lack of utility, though. The XLM project targets retail solutions to user payment issues, and there's been a flux in remittance demand lately. Stellar has surged in usage, especially in cross-country payments, where users need to send funds across long distances.

But all that use and relevance isn't reflecting on its charts. The XLM price is down 15.66% in the past month and 10.76% in the past seven days, indicating a losing battle against the bears. The Stellar token is trading at $0.4010, some levels below its peak last month, at about $0.46.

Now, Stellar has invested in tokenization, as that's one of the latest trends in DeFi. If the bulls don't improve the accumulation of XLM, however, the price will keep sinking.

Especially when Remittix hits the markets. It already is the best crypto to invest in now, and the new project is brewing a crypto-fiat romance.

Everyone is eagerly anticipating it, and here's more on that.

Remittix: Crypto-fiat Bridge Is About To Be A Reality

For over a decade, cryptocurrency and fiat currencies have been far from one another, requiring intermediaries to connect. Remittix is here to cancel all that. Instead of more exchanges and token swaps, we will get one crypto-fiat bridge.

The bridge will connect wallets directly to fiat bank accounts, enabling users to send their crypto assets into any fiat bank account of their choice. Remittix's bridge is on the Ethereum network too, so users get extra perks like:

• Faster throughput for transaction processing.
• Reduced gas fees, despite Ethereum's high gas payments.
• Better security for assets and transactions.

Now, the news of the summer is that Remittix is launching its Remittix Web3 wallet in Q4. The DApp is where the crypto-fiat bridge will operate from, and it is already undergoing beta testing.

Analysts placed a 100x prediction on Remittix tokens earlier in the year. Considering their presale success, the RTX tokens could be the best crypto to invest in now, while unseating Stellar as king of crypto payments.

Get Set For The RTX Launch Here!

RTX coins are in their final selling phases. The presale has crossed $20 million in revenue, and the tokens are still going for $0.0969.

Cop some for yourself now and hold till after the platform goes live for the massive surge.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/

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