Foresight News 消息，比特币原生稳定币项目 bitSmiley 发推称，先行网 V1 已于 5 月 1 日部署在 BitLayer 主网，24 小时内 TVL 已超 2400 万美元，并超额抵押铸造出超 600 万枚 bitUSD 稳定币。
bitSmiley 是通过比特币超额抵押铸造原生稳定币的项目，由 OKX Ventures 和 ABCDE 领投，为用户提供基于其稳定币 bitUSD 为中心的一揽子比特币原生 DeFi 解决方案。

Foresight News 消息，比特币原生稳定币项目 bitSmiley 发推称，先行网 V1 已于 5 月 1 日部署在 BitLayer 主网，24 小时内 TVL 已超 2400 万美元，并超额抵押铸造出超 600 万枚 bitUSD 稳定币。bitSmiley 是通过比特币超额抵押铸造原生稳定币的项目，由 OKX Ventures 和 ABCDE 领投，为用户提供基于其稳定币 bitUSD 为中心的一揽子比特币原生 DeFi 解决方案。

bitSmiley 先行网 V1 上线 24 小时内 TVL 超 2400 万美元

According to Foresight News , the Bitcoin native stablecoin project bitSmiley tweeted that Pioneer Network V1 was deployed on the BitLayer mainnet on May 1. Within 24 hours, the TVL exceeded US$24 million, and more than 6 million bitUSD stablecoins were minted with over-collateralization.
bitSmiley is a project that mints native stablecoins through Bitcoin over-collateralization. It is led by OKX Ventures and ABCDE and provides users with a package of Bitcoin-native DeFi solutions centered on its stablecoin bitUSD.

According to Foresight News , the Bitcoin native stablecoin project bitSmiley tweeted that Pioneer Network V1 was deployed on the BitLayer mainnet on May 1. Within 24 hours, the TVL exceeded US$24 million, and more than 6 million bitUSD stablecoins were minted with over-collateralization. bitSmiley is a project that mints native stablecoins through Bitcoin over-collateralization. It is led by OKX Ventures and ABCDE and provides users with a package of Bitcoin-native DeFi solutions centered on its stablecoin bitUSD.

bitSmiley V1 went online and TVL exceeded 24 million US dollars within 24 hours

Author | Jeff Park (Chief Information Officer, Bitwise)
Compiled by Odaily Odaily(@OdailyChina)
Translator | Dingdang (@XiaMiPP)
Editor's Note: On February 5th, the cryptocurrency market experienced another sharp drop, with over $2.6 billion liquidated in 24 hours. Bitcoin briefly plummeted to $60,000, but the market seems to lack a clear consensus on the causes of this decline. Jeff Park, CIO of Bitwise, offers a new analytical framework from the perspective of options and hedging mechanisms. [...]

The Black Swan Event Was Actually This: The Real Reason for the Recent Bitcoin Crash

Author | Jeff Park (Chief Information Officer, Bitwise)
Compiled by Odaily Odaily(@OdailyChina)
Translator | Dingdang (@XiaMiPP)
Editor's Note: On February 5th, the cryptocurrency market experienced another crash, with over $2.6 billion liquidated in 24 hours. Bitcoin briefly plummeted to $60,000, but the market seems to lack a clear consensus on the causes of this decline. Bitwise CIO Jeff Park offers a new analytical framework from the perspective of options and hedging mechanisms.
...

The release of this new regulation marks a historic leap in the attitude of Chinese regulators towards virtual assets, shifting from a "complete ban" to a "combination of restriction and guidance."

Article Author & Source: Guofeng Law Firm On February 6, 2026, the "Notice on Further Preventing and Handling Risks Related to Virtual Currencies" (Yinfa [2026] No. 42, hereinafter referred to as "Document No. 42"), jointly issued by eight ministries led by the People's Bank of China, and the "Regulatory Guidelines on the Issuance of Asset-Backed Securities Tokens Overseas by Domestic Assets" (hereinafter referred to as the "Guidelines") simultaneously issued by the China Securities Regulatory Commission, have triggered significant reactions in the legal and financial circles...