AI capital rotation, MiCA full effect, and stablecoin competition become the market's focus this week.

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Mars Finance News, July 5 - This week's discussions in the digital asset industry primarily revolved around AI, the EU's Markets in Crypto-Assets Regulation (MiCA), stablecoins, and Bitcoin. In terms of AI, many industry insiders believe that current market funds are shifting from digital assets to AI infrastructure construction. In the future, the value of the AI industry may be more captured by application layers and infrastructure providers, rather than solely benefiting large model developers. Additionally, some argue that if the U.S. government acquires equity in OpenAI, it could further exacerbate the trend of concentration in the AI industry. On the regulatory front, with the official end of the MiCA transition period, crypto asset service providers in the EU must now fully obtain MiCA licenses to continue operating. Industry insiders believe that regulatory compliance will gradually become a key competitive advantage for European crypto payment and digital asset service providers. Regarding stablecoins, the industry continues to pay close attention to the newly launched Open USD (OUSD). Analysts believe that its ecosystem, involving over 140 institutions including Visa, Mastercard, Stripe, Coinbase, BlackRock, and BNY, could leverage distribution advantages to challenge the existing stablecoin market landscape, such as USDC. However, some also point out that OUSD still faces challenges such as liquidity cultivation and governance coordination. As for Bitcoin, market views are divided on the recent capital operations of Michael Saylor's Strategy. Some analysts believe that the company's recent financing arrangements imply that it may still sell Bitcoin to meet funding needs in the future. Others argue that this move effectively alleviates market concerns about its liquidity and default risk, representing a positive risk management measure.
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