While Solana is making big-scale headlines, there are even smaller projects such as causing ripples in the crypto space. At $0.0757, Remittix has already secured an early funding of $14.6 million and distributed 529 million tokens.
The Pay-Fi protocol of the site facilitates exchange of a large number of cryptocurrencies for local fiat settlement into bank accounts within hours. This has turned out to be a game-changer for SMEs, cross-border merchants, and freelancers based on the requirement of instant and low-cost transfers.
For example, consider an Australian design company charging a customer in Berlin. Remittix allows the payment to be received in USDC, converted into naira, and settled into the designer’s account on the same day—without costly remittance charges and lengthy wire transfers.
This real-world applicability sets Remittix apart from hype-based projects and meme coins. With audited code, locked liquidity, and upcoming merchant API integrations, Remittix is focused on actual value rather than temporary hype.
For those investors who are concerned about Solana’s high-cap potential, Remittix offers an asymmetric smaller-cap alternative, addressing the $190 trillion global remittance market rather than just network throughput.
