Brown the Beef: In a large skillet over medium-high heat, add the ground beef and cook for 5-7 minutes, breaking it apart as it cooks, until no pink remains.
Drain Excess Fat: If needed, carefully drain any excess fat from the skillet, leaving about 1 tablespoon for flavor.
Add Rotel: Pour the entire can of Rotel tomatoes (with juice) into the skillet with the cooked beef and stir to combine evenly.
Add the Cheese: Reduce heat to medium-low and add the cubed Velveeta cheese to the skillet.
Melt Thoroughly: Stir constantly for 5-8 minutes until the cheese is completely melted and the mixture is smooth and creamy.
Transfer and Serve: Pour the dip into a serving bowl or keep it warm in a slow cooker on low heat, and top with your choice of garnishes.
Serve Immediately: Surround the dip with tortilla chips, crackers, or fresh vegetables for dipping.