BDIC Launches StableCover Pro: Institutional-Grade Stablecoin Insurance

Blockchain Deposit Insurance Corporation (BDIC) has announced StableCover Pro, the first crypto insurance product dedicated to SEC-compliant stablecoins, which have been recognized as “cash equivalents” in the SEC’s 2025 interim guidance.

According to PanAsia CEO Paul Kohli, StableCover Pro is designed to meet the digital treasury management needs of large institutions such as banks, Fortune 500 corporations, and investment funds. The product protects businesses against key risks:

Reserve risk: insolvency or collateral shortage.

Regulatory risk: policy changes that impact “cash equivalent” status.

Technical & custody risk: smart contract bugs, wallet breaches, or oversight errors.

In addition, BDIC plans to add advanced modules such as market disruption insurance and cross-chain risk to multi-network stablecoins.

BDIC founder Jeffrey A. Glusman emphasized: “This is a major step forward in making stablecoins part of the mainstream financial infrastructure. StableCover Pro provides the peace of mind that institutions expect when holding digital dollars.”

With StableCover Pro, BDIC strengthens its position as a pioneer in the field of digital asset insurance, paving the way for stablecoin adoption at the institutional and enterprise scale globally.