• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies


  • News
    • News Feed
    • Crypto news in brief
    • Stats & trends
  • Press Releases
  • Events
    • Upcoming Events
      • Digital Asset Forum, New York (November 13, 2026)
      • CryptoCon, Sydney (November 28–29, 2026)
      • iCrypto Awards: People’s Choice, Dubai (December, 2026)
      • Digital Asset Forum, London (February 1-2, 2027)
      • Digital Assets Week, Dubai (February 4, 2027)
      • Digital Assets Week, Hong Kong (March 3, 2027)
      • 6th FinTech Week & Expo, Paris (May 4-5, 2027)
    • Past Events

Remittix Moves Closer to Launch Milestone as XRP Stabilizes Near $1.33 After CLARITY Act Setback

September 18, 2026 By GlobeNewswire

Remittix reports 82.33% of its current presale allocation sold, with RTX priced at $0.21 ahead of its next scheduled price of $0.23

MAJURO, Marshall Islands, Sept. 18, 2026 (GLOBE NEWSWIRE) -- Remittix, a PayFi project developing crypto-to-fiat payment infrastructure, reports continued progress toward its next launch milestone as the digital-asset market assesses the fallout from the U.S. Senate’s failure to advance the CLARITY Act.

Remittix

XRP was trading at approximately $1.33 at the time of writing after moving between about $1.29 and $1.34 during the session. The partial recovery follows a sharp decline earlier in the week, when XRP fell to around $1.28 as the proposed U.S. crypto market-structure legislation failed to secure the 60 votes needed to proceed in the Senate.

The vote introduced fresh uncertainty for the broader U.S. digital-asset sector, but it did not alter XRP’s existing legal classification. Ripple stated after the September 15 vote that the outcome did not change the legal clarity already established for XRP. Investors are therefore weighing the short-term effect on market sentiment separately from the longer-term outlook for XRP’s payments use case.

XRP Price Outlook Adjusts Following Senate Vote

XRP’s decline reflected a wider retreat across crypto markets rather than a project-specific change to the XRP Ledger. The failed procedural vote delayed the prospect of a durable federal framework defining how digital assets should be overseen by the Securities and Exchange Commission and the Commodity Futures Trading Commission.

In the near term, the $1.29–$1.30 area has emerged as an important reference zone. Holding above it could support consolidation, while renewed weakness across Bitcoin and other major assets could put the recent low back under pressure. A move above $1.34 would suggest that buyers are absorbing the decline, although it would not by itself confirm a sustained recovery.

Remittix Reports 82.33% of Current Allocation Sold

Against that market backdrop, Remittix reports that 82.33% of its current presale allocation has been sold. The project’s website lists RTX at $0.21, identifies $0.23 as the next scheduled presale price and displays approximately $4.07 million remaining on its launch counter.

Remittix’s published roadmap states that the official RTX launch date will be revealed after the presale reaches a $32 million milestone. Until that threshold is met and a date is formally announced, prospective participants should treat the timing of the public launch as pending rather than fixed.

The presale gives Remittix a different short-term profile from XRP. XRP trades continuously and responds immediately to regulation, liquidity and risk sentiment. RTX remains in a staged sale, so its quoted price follows the presale schedule rather than real-time exchange trading. That does not remove execution, liquidity or post-listing risk.

PayFi Platform Targets Crypto-to-Bank Settlement

Remittix is positioning its product around a specific use case: allowing users to send cryptocurrency while recipients receive fiat in supported bank accounts. The project says its platform is designed for individuals and businesses, including cross-border transfers, contractor payments and merchant settlement.

According to the project’s website, the platform is intended to support bank-account payments in more than 30 fiat currencies and cash-out functionality involving over 50 cryptocurrency pairs. Remittix says fiat transfers will use local payment networks with same-day processing, subject to the destination bank and region. Merchant accounts and a payments API are also part of the stated plan.

The roadmap marks development of the crypto-to-fiat PayFi platform as complete and says community testing is underway. It also lists Remittix Markets as live within the wider RTX ecosystem. These are project-reported milestones; commercial adoption, transaction capacity and the availability of individual features should be evaluated as the platform moves toward broader release.

XRP and Remittix Address Different Parts of the Payments Market

The comparison between XRP and Remittix is not like-for-like. XRP is an established, liquid digital asset associated with a mature blockchain network and a global payments company. Remittix is an earlier-stage project seeking to connect crypto balances with bank settlement through a consumer- and merchant-facing interface.

XRP offers public-market liquidity and an established operating history, but remains exposed to macroeconomic conditions, policy developments and rapid price movements. Remittix offers earlier-stage exposure to a defined PayFi roadmap, while carrying the additional risks associated with a presale, product rollout and future exchange liquidity.

The CLARITY Act setback reinforces the importance of separating legislation from project fundamentals. XRP’s immediate outlook depends on whether the market can stabilize after the sell-off. Remittix’s progress depends on reaching its stated funding milestones, completing launch preparations and demonstrating sustained use of its crypto-to-bank model.

About Remittix

Remittix is developing a PayFi ecosystem intended to connect cryptocurrency with fiat bank payments. The project says its platform is designed to support individuals and businesses through crypto-to-fiat transfers, merchant tools and related financial products. RTX is the ecosystem’s Ethereum-based token.

Website: https://remittix.io
X: https://x.com/remittix
Email Id: andy@remittix.io

Disclaimer: This content is provided by Remittix. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

Legal Disclaimer: This media platform provides the content of this article on an "as-is" basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/da73bd06-18c7-4031-ab11-fb2a9ee6f3e2


Filed Under: News Feed

Primary Sidebar

Press Releases

Akash Announces Migration to Solana to Power the Next Generation of AI Infrastructure

November 4, 2026

OKX Publishes Its 49th Proof of Reserves Report, Marking More Than Four Years of Transparency Through Every Market Cycle

November 4, 2026

NH Nonghyup Bank Signs MOU with MoonPay and Finger for Digital Asset-Based Global Financial Services

November 4, 2026

Arusvyx (ARSX) Establishes an Underlying Layered Verification Architecture, Enforcing a Legally Defined Mapping Between Hardware Authenticity and Compute Delivery

November 4, 2026

Meme Coin Trading With $100: How to Size Buys, Stops and Copy Trades on Banana Gun

November 3, 2026

iCrypto Awards

Digital Asset Forum, London (February 1-2, 2027)

6th Fintech Week & Expo, Paris (May 4-5, 2027)

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2026 Crypto Reporter