#dusk $DUSK can see that Dusk has found a unique entry point between compliance and privacy: it views privacy and compliance as 'built-in to the protocol' rather than as add-on features. With regulations like MiCA being implemented, and an increase in institutional-grade stablecoins and RWA projects, Dusk is precisely targeting the pain points in these areas. In Europe, several regulatory and banking institutions have clearly identified compliant stablecoins as the settlement layer of the financial market, with MiCA-compliant products like EURQ accelerating their rollout; similarly, in the market evolution oriented towards RWA, Dusk's positioning is very much in line with current trends. However, this also means that the project's future success heavily relies on regulatory policies and the cooperation of financial institutions. If global regulation becomes more lenient, or large institutions actively embrace infrastructure like Dusk, it will experience a surge; conversely, stringent regulation or institutional hesitation could lead to Dusk's value gap persisting for a long time.

In summary, Dusk is a privacy coin deeply endowed with 'compliance genes'. For investors, this is both an opportunity and a risk. I believe that Dusk will continue to attract market attention in the short term, but whether it can ultimately become the 'on-chain settlement foundation trusted by mainstream institutions' will take time to test. Strategically speaking, its deep cooperation model with licensed banks is commendable, but the next step needs to focus on the actual on-chain asset scale and compliance review progress. As Dusk's officials have stated, Dusk's mission is 'to provide privacy protection and compliance assurance for traditional finance on-chain'. If this experiment succeeds, it will bring a whole new evolutionary path to the crypto industry; if it fails, it will serve as an important reminder for the industry. @Dusk