How Remittix Plans to Disrupt the $1 Trillion Global Remittance Industry
The post How Remittix Plans to Disrupt the $1 Trillion Global Remittance Industry appeared on BitcoinEthereumNews.com.
Crypto Presales Global money transfers are a quiet giant. More than $900 billion moved across borders in 2024, and the true figure is likely much closer to $1 trillion when informal channels are counted. Yet families still lose painful chunks of every payment to fees and delays. That is why investors are scrambling for the first crypto rail that can truly plug into everyday remittance flows. Remittix is already appearing on best crypto to buy now lists because it is built from the ground up for this single use case. The result is a rare setup. A live beta wallet, fast low-gas-fee crypto rails, and a token still priced in cents create a window that will not stay open for long. As regulation starts to favour regulated digital payment networks, the projects that already have working products and credible security will pull away. Remittix wants to be at the front of that pack. The $1 Trillion Remittance Problem Traditional Rails Still Struggle With World Bank research expects remittance flows to low and middle-income countries will reach approximately 685 billion in 2024, in a global total that borders on 900 billion. Meanwhile, the worldwide average cost of remittance remains pegged at an average of 6% to 6.5, and this is more than 3 times the historically set 3% figure. For a $200 transfer, that gap means food off the table or school fees missed every single month. Digital operators have lowered prices, but many still sit on top of slow, bank-heavy rails. Meanwhile, big players are moving. Visa is testing stablecoin payouts, regional giants are building QR payment links across more than one hundred markets, and WhatsApp-based stablecoin remittances are launching in Latin America. Crypto networks such as Bitcoin near $94,000 and Ethereum around $3,100 show what global settlement at scale…
