Eros crypto

Throughout the week, much of the crypto media pushed the same alarming headline: “China bans RWA tokenization.” A closer look at the People’s Bank of China’s official communication tells a very different, and far more nuanced, story.
What Beijing actually reaffirmed was not a new restriction, but the continuation of its existing policy: the prohibition of cryptocurrencies treated as virtual currencies, and the ban on unauthorized offshore yuan-denominated stablecoins. Nothing new there. What China did not ban, and this is the key point, is the tokenization of onshore real-world assets. On the contrary, regulators are now working on a dedicated framework for these instruments.
For the first time, Beijing is clearly drawing a line between speculative crypto assets and RWA tied to the real economy. As Louis Wan from Unified Labs pointed out, this separation represents a major breakthrough and a true milestone for China’s RWA market. The signal is clear: blockchain technology is acceptable when it supports tangible, regulated assets.
This approach is not unique. The European Union took a similar path with MiCA, explicitly separating crypto assets from tokenized real-world assets. The difference is that Europe is already ahead. Since December 2024, MiCA has enabled the issuance of CASP licenses across 27 countries. Beyond that, the DLT Pilot Regime already allows the operation of fully on-chain trading and settlement systems, including atomic delivery-versus-payment, native on-chain record-keeping, and direct investor access. This is not a sandbox experiment. It is embedded in law.
MiCA is often heavily criticized on Crypto Twitter, yet the EU remains the only jurisdiction where a fully on-chain securities settlement infrastructure can legally operate today. China is now drawing the line. Europe drew it earlier and has already started issuing licenses.
This is exactly the regulatory environment projects like Dusk Network have been building for. The DLT-TSS infrastructure is already live, documented, and aligned with these requirements. Regulated tokenization is no longer a theoretical concept. It is becoming the standard.
#dusk $DUSK @Dusk_Foundation

In the short term, Bitcoin is taking hits. Volatility dominates the conversation, and sentiment shifts with every macro headline. But markets do not reverse because of news cycles. They turn when the underlying structure changes.
When capital moves at scale, it does not chase narratives. It looks for regulated rails, compliant issuance, private execution, and reliable final settlement. These are not speculative preferences. They are non-negotiable requirements for institutional capital.
This foundational work rarely appears on price charts. Yet it is happening quietly across the ecosystem. On-chain bonds, real-world asset tokenization, compliant trading environments, selective privacy, and settlement systems designed for professional use are steadily being built. These layers are what make blockchain infrastructure usable beyond retail speculation.
The reality is straightforward. A bank, asset manager, or large fund will not deploy meaningful capital on networks where every position, order, and strategy is fully exposed. Absolute transparency may work for experimentation, but it becomes a structural risk at scale. Institutions require a balance between auditability and confidentiality, between regulatory clarity and operational privacy.
This is precisely the category Dusk is built for. Not short-term hype, but long-term infrastructure. An environment where regulated assets can be issued, traded, and settled on-chain while preserving the privacy necessary for real financial activity.
And this is how capital actually moves on-chain.
#dusk $DUSK @Dusk_Foundation

For several years now, the crypto market has been chasing one simple goal: moving money fast, cheaply, and at scale. Stablecoins have clearly won the battle of real-world usage, but the underlying infrastructure has not always kept up. This is exactly where Plasma comes in.
#Plasma positions itself as an infrastructure built specifically for stablecoin payments, designed from day one to handle real market volumes. Today, stablecoins represent more than $150 billion in total market capitalization and generate billions of dollars in transactions every single day. Yet a large share of this activity still runs on congested, expensive, or poorly optimized networks when it comes to everyday payments.
What @Plasma brings to the market is, above all, efficiency. Fast, predictable transactions with near-zero costs. For users, this means sending USDT without worrying about fees or delays. For businesses, it opens the door to reliable payment solutions capable of handling large volumes without friction.
The market also benefits from scalability. Plasma is built to support mass adoption, well beyond the limits of many general-purpose blockchains. This capacity is critical if stablecoins are to seriously compete with traditional payment systems, especially in areas like cross-border transfers, e-commerce, and B2B payments.
Another key element is trust. Plasma relies on a secure architecture and has already attracted significant liquidity. The strong financial interest seen in its early stages suggests that market participants view Plasma as a credible solution, not just a theoretical concept.
In the medium to long term, the potential is clear. If stablecoin adoption continues at its current pace, the market will need specialized networks optimized for this specific use case. Plasma could become one of the invisible but essential building blocks of this new financial infrastructure: less noise, more execution.
In short, Plasma is not promising a flashy revolution. It offers something far more valuable: an infrastructure that works, aligned with real market needs. And in crypto, those are often the projects that quietly end up winning.
$XPL

In a crypto ecosystem that has clearly entered a new phase, the tokenization of real-world assets is no longer a laboratory concept. It is becoming an operational reality, tested and increasingly adopted by institutional players. It is in this context that Dusk Network stands out as one of the most serious infrastructures in the space. After more than six years of development, the network launched its mainnet on January 7, 2025. Dusk is a permissionless Layer-1 designed from the ground up for regulated on-chain finance, with a position that few protocols fully embrace: native privacy and full regulatory compliance are not opposites, they reinforce each other. Through zero-knowledge proofs, the protocol enables private transactions while remaining compliant with European frameworks such as MiCA, MiFID II, and the DLT Pilot Regime.
At the time of writing, in February 2026, the $DUSK token is trading around $0.10 to $0.11. Its market capitalization remains modest, almost negligible, relative to the size of the market it is targeting. And that market is one of the most dynamic segments of on-chain finance today. Excluding stablecoins, the value of tokenized real-world assets currently ranges between $19 and $36 billion according to aggregated sources, with nearly $9 billion concentrated in tokenized U.S. Treasuries. Medium- and long-term projections are striking. Some analysts expect the $100 billion threshold to be crossed as early as the end of 2026. By 2030, McKinsey estimates a $2 trillion market, while Ark Invest outlines far more aggressive scenarios exceeding $10 trillion when private markets, real estate, and structured debt are included.
This growth is not accidental. Tokenization delivers structural advantages that are difficult to ignore: continuous liquidity, instant asset fractionalization, a sharp reduction in intermediation costs, and near-instant settlement where traditional finance still operates on T+2 or T+3 cycles. It also opens access to asset classes historically reserved for a narrow group of investors, including real estate, private credit, and unlisted equities. As a result, the broader tokenization market is expected to grow from roughly $3.5 billion in 2024 to over 13 billion by 2030, with a compound annual growth rate exceeding 25 percent. Yet it is the RWA segment that represents the most profound structural shift.
The main bottleneck remains the radical transparency of public blockchains. By design, everything is visible, which is incompatible with institutional and regulatory requirements when it comes to portfolios, transaction sizes, and identities. Dusk addresses this friction directly. Its privacy-preserving smart contract layer enables confidential transactions, zero-knowledge compliance proofs for KYC and AML without exposing sensitive data, and programmable business logic that remains private. All of this is achieved with immediate finality, a critical feature for financial markets.
From a product perspective, the ecosystem is taking shape rapidly. Zedger enables the tokenization of equities, bonds, and real estate within a regulated framework. Dusk Pay targets MiCA-compliant payments through an electronic money token. DuskEVM provides Ethereum compatibility to attract DeFi developers, while Citadel delivers a zero-knowledge KYC solution where users retain full control over their personal data.
This positioning is already validated by concrete institutional adoption. The Dutch regulated exchange NPEX has tokenized more than €200 million worth of securities on Dusk. In late 2025, Chainlink integrated CCIP, Data Streams, and DataLink to secure cross-chain RWA transfers and compliant oracle data. Meanwhile, Quantoz is issuing a MiCA-compliant euro stablecoin, EURQ, directly on the network. The 2026 roadmap follows the same trajectory, with the completion of Dusk Pay, upgrades to DuskEVM, the introduction of hyperstaking with customizable logic, the launch of Superbridge for interoperability, and a gradual rollout of on-chain governance.
On the tokenomics side, total supply is capped at 1 billion DUSK, with approximately 497 million currently in circulation. The token has clear utility within the ecosystem: staking, gas fees, governance, and collateral for privacy-enabled contracts. Hyperstaking offers yields of around 12 percent annually. At current prices, the market capitalization sits near $50 million, with a fully diluted valuation close to $100 million.
When compared to other RWA-focused projects, the discrepancy is striking. Several protocols that are less advanced technically and lack native privacy already command market caps in the hundreds of millions. If Dusk were to capture even a small fraction of the projected market, for example 0.5 percent of a $2 trillion RWA market by 2030, the resulting valuation would justify a multi-billion-dollar market cap. Even a conservative scenario, with DUSK trading at 1$ by 2027 or 2028, would represent a significant multiple from current levels while remaining reasonable relative to the addressable market.
Dusk is not a typical privacy-oriented project. It is an infrastructure designed to allow institutions to tokenize, trade, and settle real-world assets on a public blockchain without sacrificing confidentiality or compliance. As regulation tightens and demand for on-chain assets continues to grow, this positioning becomes increasingly defensible. The mainnet is live, institutional partnerships are in place, and the technology is proven. If 2025 was the year of construction, 2026 could well be the year Dusk transitions from a promising project to a core piece of next-generation financial infrastructure
#dusk @Dusk_Foundation

At the start of 2026, the stablecoin market crossed a symbolic threshold. Total market capitalization has now surpassed 300 billion dollars, with a peak at 311 billion in January according to DeFiLlama. No longer just trading instruments, stablecoins have become a global payment infrastructure in their own right. On an annual basis, they already process more than 30 trillion dollars in volume, particularly across cross-border payments, remittances, and key layers of decentralized finance.

This is the environment in which Plasma has emerged. Launched in September 2025, Plasma is an EVM-compatible Layer-1 blockchain built around a clear and radical idea: turning stablecoins into a currency that can be used at global scale. With more than 3 billion dollars in total value locked, nearly 7 billion dollars in stablecoin deposits, and a position among the top four networks worldwide by USDT balance, Plasma is not positioning itself as just another Layer-2. It is a purpose-built infrastructure designed for usage rather than speculation.

The broader market dynamics largely explain this momentum. USDT remains dominant, accounting for roughly 70 percent of total supply, followed by USDC. At the same time, new entrants such as USD1, backed by World Liberty Financial, have exceeded 5 billion dollars in capitalization within just a few months. Projections are ambitious. McKinsey and the U.S. Treasury estimate that the stablecoin market could reach 2 trillion dollars by 2028, while some analysts point to as much as 4 trillion by 2030. This growth is supported by strong fundamentals: near-instant transfers at marginal cost, 24/7 liquidity, and direct accessibility for nearly 1.7 billion unbanked people worldwide.

Until now, Tron has largely dominated USDT payments, concentrating more than half of global flows. Plasma enters the market with a different value proposition. Transfers operate at near-zero cost, transaction finality is achieved in under a second, and the entire ecosystem is fully EVM-compatible, allowing existing protocols to migrate seamlessly. While many networks attempt to be everything at once, Plasma deliberately focused on a single use case and optimized it end to end.

From a technical standpoint, the network delivers over 1,000 transactions per second, sub-second block times, and a PlasmaBFT consensus mechanism engineered for high performance. USDT transfer fees average around $0.20 and are often fully abstracted away through native fee mechanisms. A native Bitcoin bridge is under development, and full EVM compatibility enables frictionless deployment of existing DeFi applications. As a result, more than 100 protocols joined the network within its first months, including Aave, Ethena, Pendle, Euler, and Fluid.

The ecosystem extends beyond DeFi alone. Plasma One, the network’s consumer-facing product, positions itself as a stablecoin neobank offering a debit card, cashback, yield-bearing savings, and fiat integration across more than 100 countries and 100 currencies. This is where Plasma attempts to bridge the gap between crypto infrastructure and everyday financial usage.

Data observed in February 2026 confirms this trajectory. Total value locked stands at approximately 3 billion dollars and has remained relatively stable despite a gradual reduction in incentives. Stablecoin market capitalization on Plasma is around 1.87 billion dollars, with USDT representing more than 80 percent. Announced cumulative stablecoin deposits amount to 7 billion dollars. Bridged TVL is close to 6.7 billion dollars, while native TVL reaches roughly 4.7 billion. Daily DEX volume averages about 15 million dollars, with weekly growth exceeding 40 percent. The native token, XPL, trades near $0.10, corresponding to a market capitalization of roughly 213 million dollars and a fully diluted valuation close to 1 billion.

Plasma consistently ranks among the top 10 to 15 blockchains by stablecoin TVL and, according to certain metrics, holds the second-largest position in on-chain lending behind Ethereum. Its launch in September 2025 was particularly striking, with 14 billion dollars in TVL accumulated within five days and 5.6 billion within a week, temporarily placing Plasma just behind Tron.
The project is also supported by a strong group of backers. More than 75 million dollars has been raised from firms such as Framework, Founders Fund, Bitfinex, and Tether. Prominent figures from both the crypto ecosystem and regulatory institutions, including Paolo Ardoino, David Sacks, and former CFTC chairman Chris Giancarlo, have publicly expressed their support. Today, the ecosystem includes over 100 DeFi partners, multiple fiat on-ramp channels, and strategic integrations, notably with NEAR Intents. Plasma has placed particular emphasis on the MENA region, where inflationary pressures and banking constraints continue to drive strong demand for stablecoin-based payments.
Challenges remain. The XPL token has declined more than 85 percent from its all-time high, and significant token unlocks scheduled for July 2026, totaling approximately 2.5 billion tokens, continue to weigh on market sentiment. Stablecoin TVL has also retraced from its initial peaks before stabilizing. Competition remains intense, with Tron firmly established in low-cost USDT payments, Solana and Base attracting DeFi volumes, and new stablecoin-focused blockchains beginning to emerge.

The real test for Plasma will not be attracting additional opportunistic liquidity, but converting capital into genuine economic activity. If Plasma One reaches one million active users and real-world flows such as remittances, commerce, and merchant payments begin to scale, the network could become a core pillar of the crypto payments stack.

The stablecoin market represents one of the largest structural opportunities of the decade. A new global financial infrastructure is being built in real time, often outside traditional financial rails. Plasma has demonstrated that a blockchain designed from day one for stablecoin payments can compete with established giants. The coming months will be decisive. But if Plasma succeeds in turning its billions in deposits into everyday usage, it may well become the invisible infrastructure powering a significant share of the Web3 payment economy.
The future of global payments is no longer decided solely on Ethereum or Tron. It is also being shaped on #Plasma .
@Plasma $XPL

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‎In the world of digital assets, media and speculative attention often prioritize speed and immediate returns. Plasma and its XPL token are frequently assessed through this lens, which can lead to misleading conclusions about their actual utility. In reality, their role is primarily infrastructural, focusing on robustness, security, and credibility rather than instant growth or hype. The history of financial markets shows that truly foundational innovations do not establish themselves quickly; they integrate gradually into existing systems, often over decades.

‎To contextualize the Plasma ecosystem, some key figures are helpful. The global digital payments market, for instance, was valued at approximately $152 billion in 2025 and could exceed $660 billion by 2035, with a compound annual growth rate above 15%. The total market capitalization of cryptocurrencies was around $3.4 trillion in 2025, while the stablecoin market, a central segment for blockchain transactions and settlements, was close to $300 billion. Finally, the financial technology and blockchain finance markets could surpass $250 billion by 2035. These numbers illustrate the theoretical size of the addressable markets while emphasizing that real adoption of an infrastructure like Plasma remains modest at this stage.

‎The gap between potential and actual adoption is not surprising. Large financial infrastructures often follow a slow trajectory. The SWIFT network, now essential for international payments, took over twenty years to achieve global adoption. Central clearinghouses, which play a crucial role in market security, were also gradually adopted in response to crises and regulatory requirements. In this context, rapid adoption of Plasma without prior testing and technical validation would have represented a risk to the network’s credibility and its participants.

‎Plasma positions itself as a blockchain infrastructure aimed at efficiency, security, and governance. The XPL token is not intended for speculation but plays a functional role within the protocol, facilitating participant coordination, securing transactions, and aligning economic incentives. This positioning is closer to assets used in traditional financial infrastructures, where internal instruments primarily ensure system reliability and stability.

‎Plasma’s implementation follows a gradual and controlled approach. Initial use cases are limited in scope and volume to evaluate the network’s behavior under real conditions without excessive operational risk. Each stage allows improvements to resilience, adjustments to governance mechanisms, and preparation for future scaling. This strategy mirrors traditional infrastructure approaches, where innovations are introduced through pilot phases before broad deployment.

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‎In the long term, the relevance of @Plasma and the $XPL token will depend less on speculative enthusiasm and more on their ability to integrate into structured financial systems. Institutions evaluate blockchain technologies based on strict criteria for compliance, security, and governance. History shows that building a credible and durable infrastructure is a slow but essential process. From this perspective, #Plasma appears as a maturing solution, whose utility will be measured by its effective integration into financial markets rather than short-term popularity indicators.

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For several years, blockchain has been presented as a revolution for global finance. Yet despite more than $100 billion invested in blockchain infrastructure in 2024, a major obstacle remains: the need for confidentiality among institutional players. For a large bank, openly exposing positions, trading strategies, or client flows on a public blockchain is a strategic risk that cannot be justified.
On fully transparent networks, every transaction becomes a source of exploitable data for competitors or malicious actors. This creates competitive and operational risks that institutions are simply unwilling to accept.
This hesitation is not a rejection of blockchain technology itself. Institutions clearly recognize its advantages: immutability, cryptographic security, and more efficient settlement processes. Their concern lies in the lack of control over the visibility of sensitive data. This is precisely where privacy with selective disclosure becomes critical.
This model enables confidential transactions where amounts, counterparties, and operational details remain private by default. At the same time, these transactions can remain fully auditable and compliant when access is required by regulators, auditors, or authorized partners.
According to estimates from Boston Consulting Group, institutional adoption of digital assets could represent up to $5 trillion in assets under management by 2030, provided that privacy and compliance barriers are effectively addressed. This potential includes not only investment funds, but also insurance companies, pension funds, and central banks exploring digital currencies.
The need for privacy extends beyond native crypto assets. Tokenized bond issuance, interbank settlements, and corporate treasury management are all areas where blockchain solutions are being explored. In a 2025 industry report, nearly 78% of financial institutions stated that cryptographic privacy would be a decisive factor in their blockchain investment decisions.
Institutional adoption will not be driven by abstract promises. It will advance through concrete solutions that combine privacy, auditability, and regulatory compatibility. When these elements align, blockchain will move beyond experimentation and become a foundational layer of the global financial system.
#dusk $DUSK @Dusk_Foundation