As DeFi transforms into practicality, institutional investors are betting on PayFi's Remittix
Source: CoinWorld
Time: 2025-09-10 01:27:44
Chainlink enhances its DeFi influence by establishing a strategic partnership with Japan’s SBI Group and leveraging CCIP, SmartData and Proof of Reserve tools to enhance tokenized finance in the Asia-Pacific region. Cardano founder Charles Hoskinson also plans to integrate with Chainlink to enhance cross-chain DeFi products. Meanwhile, PayFi’s altcoin Remittix, valued at $0.105, has raised $24.5 million, targeting the $190 trillion remittance market, offering direct transfers from cryptocurrency to fiat, with a 50x return expected by 2025. Its wallet beta and cross-border expansion aim to leverage institutions’ growing interest in real-world DeFi solutions.