Cardano’s Bitcoin integration has breathed new life into its DeFi ecosystem. But will it really make a difference compared to Remittix’s approach? With a PayFi protocol turning tokens into real money, instantly and globally, it seems unlikely.
Investors seem to agree, funnelling over $15.3 million into the Remittix presale so far. Here’s why Remittix’s crypto-to-fiat solution could be a bigger moment for DeFi.
Cardano’s Bitcoin bridge might be a lifeline for ADA DeFi
Cardano has recently brought Bitcoin into its ecosystem, a move that could be a big step forward for the project’s DeFi ambitions.
Instead of wrapping BTC into synthetic assets, Cardano’s approach connects native Bitcoin to its DeFi tools. Through its Lace wallet (now supporting Bitcoin in beta), users can hold, manage and transact BTC without leaving the Cardano ecosystem. That opens the door for borrowing, lending and trading all powered by ADA’s infrastructure, while keeping value in Bitcoin.
Cross-chain liquidity is a major part of the plan. Through this bridge, Bitcoin’s $2.2 trillion market cap can be put to work across protocols, with BTC holders now able to participate in Cardano’s DeFi applications. Cardano is even exploring merged mining, which would let miners support both blockchains at the same time.
This integration could help Cardano claim some ground in the DeFi space, where it currently lags behind with just $368 million locked on-chain, vs Ethereum’s $64.8 billion and Solana’s $9.46 billion.
Cardano is now up over 25% in the past 30 days to $0.80 and December’s $1.24 highs are now targeted. But will it be able to fend off Remittix?
Remittix isn’t playing the same game as Cardano
While Cardano connects Bitcoin to smart contracts, Remittix skips the noise and jumps straight into the real world. Its PayFi protocol is built to turn crypto into money usable in the real world.
Remittix allows users to convert over 40 cryptocurrencies into fiat and send that capital straight to any bank account, all without hidden fees or delays. That’s PayFi in action, where blockchain speed and security meet fiat convenience.
Businesses aren’t left out either. With the Remittix Pay API, merchants can accept crypto and cash out in over 30 fiat currencies with 50+ crypto pairs. Freelancers, global teams and online sellers finally get a tool that makes crypto payments frictionless.
If DeFi’s objective is global financial inclusion and bypassing centralized parties, Remittix is right on target. It removes the middlemen and lets value move freely across borders, creating a system where users keep control of their funds while Remittix handles the heavy lifting behind the scenes.
Investors are taking notice. They’ve pushed over $15.3 million in the RTX token presale and snapped up over two-thirds of the presale supply. Backed by an audited smart contract and a $250k giveaway, the project is gaining serious momentum as it prepares to list on exchanges.
Remittix is putting decentralized finance to work on mobile screens, in real bank accounts, and in the hands of people who just want to get paid or send money. This is DeFi built for a global audience and a product that could have a much greater impact than Cardano’s Bitcoin integration.
Remittix feels like the future
While Cardano is expanding what Bitcoin can do, Remittix is changing what crypto is used for. With its PayFi protocol, crypto becomes spendable, sendable money, where the recipient doesn’t even need to know it came from crypto.
DeFi is maturing and Remittix is showing where the real-world impact begins. Consider a presale stake before tokens sell out.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix