#dusk $DUSK @Dusk
"From issuance to settlement" implies a continuous pipeline, but looking at where actual RWA activity concentrates right now, $DUSK and #Dusk material is heavily focused on the issuance layer — compliant token creation, identity gating, disclosure rules — while the settlement half of that phrase describes a capability more than an observed usage pattern. Most tokenized assets referencing Dusk's infrastructure are still sitting in early issuance or pilot stages, not moving through repeated settlement cycles that would actually prove the DVP mechanics under real trading volume. Compared to how @Ondo_Finance already has settlement volume flowing through live tokenized treasuries, or how @Securitize has years of issuance-to-secondary-trading data across multiple asset types, Dusk's "next phase" framing describes an intended sequence rather than a completed one. That's not unusual for infrastructure this early, but it does mean the settlement story is still mostly architectural, not empirical. The issuance layer is real and working. Whether settlement holds up the same way once volume actually arrives is the part nobody can confirm yet, including the roadmap itself.