Ethereum News Today: XRP, ETH and Remittix compete for cross-border hegemony, institutions bet on PayFi revolution
Source: CoinWorld
Time: 2025-09-07 18:12:17
Institutional interest in cryptocurrency remittances and payments is growing, with Ripple (XRP), Ethereum and Remittix leading the trend. In August 2025, XRP's on-chain activity surged by 500%, trading at nearly $3.01, and its partnership with Thunes aims to reduce costs and speed settlements. Ethereum is expected to break through the $4,550 resistance by the end of 2025, and is expected to reach $7,000 driven by staking and upgrades. PayFi's altcoin Remittix has raised $23.8 million and plans to launch a Beta wallet in the third quarter of 2025 for cross-border transactions in more than 30 countries, targeting the $19 trillion remittance market with low fees and real-time foreign exchange services.