Transactional volume from international payments has reached a multi-year record, eclipsing the previous record, meaning there is a need for less friction and decentralized DeFi payment rails. Ripple’s XRP and Remittix (RTX) are payment network solutions that fit this description, both targeting a lion’s share of SWIFT’s daily volume.

Ripple, which works primarily with banks and financial institutions, offers on-demand liquidity between fiat currencies. Remittix https://remittix.io, on the other hand, integrates directly with businesses and individuals, facilitating crypto-to-fiat payments at the consumer and enterprise level.

Let’s take a look at how the expected fresh volumes will affect XRP price prediction and the market value of RTX.

XRP Price Prediction: How Ripple’s Ambitious Mission Could Spike XRP’s Market Value

For years, Ripple’s XRP has climbed up the ranks of payment networks as the blockchain-based alternative to SWIFT, the global interbank messaging system that processes more than $5 trillion in daily cross-border transactions. XRP’s long-term mission might seem ambitious, but having even a small fraction of this volume will potentially unlock trillions in annual flow through XRP’s on-demand liquidity model.

Recent reports from multiple crypto tabloids have revealed Ripple’s renewed desire to pursue the institutional market through new Ripple EFTs and the company’s $21 trillion vision.

This development will reinvent how banks and financial institutions move money globally. For now, experts are optimistic that Ripple will have at least 20% of SWIFT’s volume by 2026, translating to about $1 trillion annually.

Such developments could lift the valuation of the asset over the next year, with bullish XRP price prediction scenarios placing it between $2.50 and $4.00 by late 2026.

Remittix, Bridging TradFi With Blockchain Efficiency

Remittix (RTX) https://remittix.io is simultaneously targeting SWIFT volume, stepping forward as a next-generation PayFi protocol, bridging direct crypto and fiat payments. The project is built for direct financial interactions between everyday users and businesses, wherever they are in the world, including underbanked regions. And it doesn’t end here.

The solution also eliminates the long settlement times and hidden fees associated with TradFi systems like SWIFT, and even improves on XRP’s model by offering flat, transparent fees and direct bank deposits via its PayFi network.

This kind of innovativeness makes Remittix a perfect PayFi solution in today’s market, one that can easily seize a significant bite of SWIFT’s transactional volume. In the years ahead, Remittix and XRP will play vital roles in reinventing cross-border payments, bridging traditional finance with blockchain efficiency.

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

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital. Readers should conduct independent research and consult licensed advisors before making any financial decisions.

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