Why is Dusk building its own financial contract standard instead of simply relying on existing smart contract models?

At first, I thought the answer was straightforward: if Dusk wants financial applications, developers just need smart contracts with better privacy.

But looking at the idea of the Confidential Security Contract, I think there is a deeper question.

Financial assets don't always behave like typical DeFi tokens. Ownership, transfers, permissions, and transaction details can involve information that shouldn't be visible to everyone on a public ledger.

That changes what a useful smart contract should do.

The interesting part of Dusk's XSC approach is that confidentiality isn't treated as something added around the application. It is part of the contract model itself.

That makes me think XSC could be less about creating another smart contract standard and more about defining what financial contracts need to look like when privacy and verification have to work together.
And that's the part I find worth watching.

If regulated assets are going onchain, simply copying existing DeFi contract patterns may not be enough. The bigger challenge could be designing contracts around the restrictions that financial markets already have.

I'm still curious about one thing: can XSC become a practical standard developers actually want to use, or will it remain mainly a specialized solution for Dusk's financial ecosystem?

What could make XSC matter most? 👀
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