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BDIC HK LTD, a division of Blockchain Deposit Insurance Corporation (BDIC), has launched StableCover Pro, a new insurance product designed to provide comprehensive risk coverage for institutional stablecoin holdings.
StableCover Pro will complement BDIC’s existing digital currency insurance offering, providing coverage for stablecoin assets that meet regulatory standards, including full backing by US cash or Treasury bills, guaranteed 1:1 redemption rights, consistent peg maintenance, and independent reserve attestations.
“With this launch, BDIC has further solidified its position as the global leading insurance infrastructure provider for the evolving digital finance landscape.”
“The stability BDIC will bring in the normalization for users and platform providers, wallets and exchanges alike, will be additionally executed for corporate treasury management heading into what seems to be a perfect storm for crypto adoption at the institutional level going forward.”
– Paul Kohli, MD of PanAsia and Co-Founder, BDIC
The company said the product is targeted at Fortune 500 companies, banks, asset managers, pensions, endowments and insurers that are beginning to explore stablecoins as part of their treasury operations.
Kohli added that family offices and ultra-high-net-worth individuals also represent a natural use case, noting that as stablecoins shift from speculative tools to mainstream financial infrastructure, “risk mitigation becomes essential, not optional.”
“StableCover Pro fills a new critical gap in the market based on the interim regulatory guidance.”
“The SEC's recognition of compliant stablecoins as cash equivalents is a watershed moment in financial regulation for the US and the globe. It allows institutions, public and private, to hold digital assets via stablecoins with accounting legitimacy, which is great. However that doesn't eliminate risk. BDIC's goal in delivery of StableCover Pro is to provide the same confidence and operational protection institutions expect when holding fiat or sovereign debt, now applied to digital dollars. This will enhance adoption for corporate balance sheets.”
– Jeffrey A. Glusman, Founder and CEO, BDIC
StableCover Pro’s core protection package includes reserve failure coverage, redemption guarantees, regulatory compliance protection, and custody and technical risk coverage. BDIC also plans premium add-on modules for market disruption coverage and cross-chain risk protection.
The launch comes shortly after BDIC announced its RWA Consulting division, which will focus on tokenisation projects and insurance for tokenised assets. The company said recent regulatory clarity in the US has accelerated institutional adoption of stablecoins and driven the timing of both initiatives.
BDIC also confirmed plans to expand operations into the Caribbean, while developing partnerships with sovereign wealth funds for balance sheet and debt offering coverage in 2026. The company is preparing further product updates, industry partnerships and executive announcements later this year ahead of a planned token generation event in November.
Blockchain Deposit Insurance Corporation describes itself as the first decentralised cryptocurrency deposit insurer, offering institutional-grade coverage for digital asset holders. Headquartered in Hong Kong, it has expansion plans across PanAsia, Latin America, Europe, the Middle East and the Caribbean.
