加拿大国际治理创新中心CIGI：2025年数字资产与全球系统性风险的潜力报告（英文版）

The volatile value of digital assets, especially crypto-assets, makes them risky options for investors. This inherent risk limits both their market size and the purposes for which they are used, thus reducing the possibility of systemic risk arising. But digital assets and the mainstream financial system are becoming increasingly interconnected, important and complex. Stablecoins, for example, are used more widely for payments because they are perceived as more dependable, but their link to f