[AI Capital Rotation, MiCA Fully Effective, and Stablecoin Competition Become Market Focus This Week] BlockBeats News, July 5: This week, discussions in the digital asset industry primarily revolve around AI, the European Union's Markets in Crypto-Assets Regulation (MiCA), stablecoins, and Bitcoin. In terms of AI, several industry insiders believe that current market capital is shifting from digital assets to AI infrastructure development. In the future, the value of the AI industry may be more derived from application layers and infrastructure providers rather than solely benefiting large model developers. Additionally, some suggest that if the U.S. government acquires equity in OpenAI, it could further exacerbate the trend of centralization in the AI industry. On the regulatory front, with the MiCA transition period officially ending, EU crypto-asset service providers will now need to fully obtain MiCA licenses to continue operations. Industry experts believe that regulatory compliance will gradually become a significant competitive advantage for crypto payment and digital asset service providers in Europe. Regarding stablecoins, the industry continues to focus on the newly launched Open USD (OUSD). Analysts suggest that its ecosystem, involving over 140 institutions including Visa, Mastercard, Stripe, Coinbase, BlackRock, and BNY, may leverage its distribution advantages to challenge the existing stablecoin market structure dominated by USDC and others. However, some also point out that OUSD still faces challenges in liquidity cultivation and governance coordination. As for Bitcoin, there is market debate surrounding recent capital operations by Michael Saylor's Strategy. Some analysts believe the company's recent financing arrangements indicate that it may still sell Bitcoin in the future to meet funding needs. Others argue that this move effectively alleviates concerns about its liquidity and default risks, representing a proactive risk management measure. [Original Link]