Many people tend to fall into a thinking trap when analyzing token economics — treating all tokens as "currencies." But the logic behind Dusk Network's compliant financial ecosystem is entirely different. If you're still thinking that DUSK can be used to "buy coffee," you're really mistaken.

In the strictly regulated RWA market, the payment assets are not cryptocurrencies at all. Bond settlement requires fiat currency, so euro stablecoin EURQ or central bank digital currencies CBDC are used. So what exactly does DUSK do in this system? It's simple — it acts as "fuel" and "security deposit," not money.

Let's start with the first role: fuel for privacy computation. What is Dusk Network's core competitive advantage? Zero-knowledge proof generation and verification. This is a compute-intensive task that consumes resources from all network validators. Institutions issuing securities on-chain and performing compliance checks require the underlying network to consume computational power. DUSK serves here as the "unit of pricing for computational resources" — whether you're trading bonds worth hundreds of millions of euros or stocks worth a few hundred dollars, the network only recognizes DUSK as the transaction fee. What's the benefit of this design? The network's security is directly linked to the flow of asset value, rather than being tied to the asset's own price.

Next, the second role: "bridge funds" for atomic swaps in the XSC standard. When buyers and sellers perform exchanges...