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Is Remittix (RTX) a ‘buy’ after BofA signals big banks’ readiness to embrace crypto?

admin by admin
January 23, 2025
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Is Remittix (RTX) a ‘buy’ after BofA signals big banks’ readiness to embrace crypto?
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Bank of America chief executive Brian Moynihan signalled big banks’ readiness to embrace cryptocurrencies in a recent interview.

All they need, he argued, is a more accommodative stance on crypto from US regulators.

His comment suggests banking giants see remarkable potential in the blockchain technology – one that a recently launched platform, Remittix, is tapping on already to disrupt the financial service industry.

That’s what makes the proposition of investing in its native RTX token an exciting one for 2025.

Remittix could disrupt the payments industry

BofA leader has already acknowledged the possibility of a future where cryptocurrencies would be widely accepted as means of payment for everyday purchases.

Meanwhile, Remittix has set out to change the digital payments landscape with the use of blockchain technology.

It’s committed to making cross-border transactions faster and more secure.

The idea is clearly sitting well with the investment community considering the RTX token’s presale has raised more than $5.4 million within a matter of days.

Note that solid initial demand of an investment asset tends to be a sign of future potential and significant gains ahead.

Click here if you’d like to dive deeper into the broader mission of Remittix.

SEC’s new crypto task force could help RTX coin

Investing in the RTX coin could prove to be a lucrative venture moving forward also because the US Securities & Exchange Commission has already launched a crypto task force.

The new initiative aims at laying out a comprehensive and clear set of rules for cryptocurrencies – and is more broadly a confirmation that the Trump administration intends to make good on its promises of pro-crypto policies in 2025.

As the government continues to make moves that enable mainstream adoption of cryptocurrencies, investors will likely turn more to blockchain-enabled platforms like Remittix.

You can learn more about building an early position in the native RTX coin on this link.

What else could be a tailwind for RTX in 2025?

The new era of financial services that Remittix intends to unlock or what it calls the “PayFi revolution” is big enough total addressable market.

In fact, Statista forecasts the digital payments market to grow at an impressive compound annualised growth rate of close to 16% through the end of this decade.

Finally, the broader crypto tailwinds like prospects of more rate cuts this year and an increased institutional adoption on the back of exchange-traded funds could help increase the price of RTX token in the coming months.

Note that RTX is yet to go live on a crypto exchange.

So, the potential upside that typically unlocks when a crypto coin lists on an exchange is an event this native coin is yet to experience.

More information on Remittix and its native RTX token are available on the project’s website.

The post Is Remittix (RTX) a ‘buy’ after BofA signals big banks’ readiness to embrace crypto? appeared first on Invezz

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