Dusk's project has been honing its skills for eight years. While others rush with speed and airdrops, it stubbornly focuses on privacy and compliance, a deadlock. Piecrust VM solidifies ZK circuits from the ground up, transactions are encrypted by default but regulators can inspect them anytime, settling in seconds without losing to traditional banks. After the MiCA regulations come into effect, it directly became the preferred bridge for European institutions going on-chain—not challenging regulations, but being a 'good student' of them.
Collaborating with NPEX to put 300 million euros in securities on-chain, its speed far surpasses T+2 by several streets. Custodian institutions are licensed, on-chain and off-chain are synchronized, and third-party audits ensure asset security is at its maximum. The barrier to entry for developers is high enough to discourage them, but once they get started, the compliance logic is fully integrated, writing contracts feels like using legal templates.
The market is quiet with no APY and no meme coins, but this is actually more reliable. Wall Street doesn't want 100,000 junk transactions per second; it wants guaranteed settlements, strong privacy protection, and regulatory compliance. Dusk doesn't perform; it gets the job done. When RWA truly explodes, this old sword will finally shine.
