Smart Cross-Border Remittances, Send money globally with AI-powered FX hedging. Minimize volatility risk while maximizing recipient value through intelligent hedge ratios on Arbitrum
ReMiT is a next-generation AI-driven remittance platform built on the Arbitrum blockchain that protects cross-border transfers from volatile currency fluctuations. Today, millions of migrant workers and global businesses lose money during cross-border transfers due to sudden FX rate changes. ReMiT solves this by combining AI predictive hedging with low-cost blockchain payments.
🔹 Core Problem:
Traditional remittances suffer from high fees (up to 7%), slow settlement times, and unpredictable currency volatility.
Migrant workers often send money home but lose value because of sudden rate dips.
Businesses handling global payrolls also face unpredictable losses.
🔹 ReMiT’s Solution:
AI Predictive Hedging – ReMiT uses machine learning models (LSTMs + reinforcement learning) to forecast short-term FX volatility and suggest the optimal time to execute transactions.
Stablecoin Settlement – Users remit funds via stablecoins (USDC/USDT) on Arbitrum, bypassing traditional SWIFT/forex intermediaries.
Smart Hedging Pools – Users can lock remittances into a hedging smart contract that automatically optimizes conversion timing to minimize losses.
Instant & Low-Fee Transfers – Built on Arbitrum One for high-speed, low-cost, scalable transactions.
Transparent Dashboard – Senders & receivers can track wallet balances, AI predictions, and hedge performance in real time.