BDIC HK LTD has announced the launch of StableCover Pro in Hong Kong, offering risk coverage for institutional stablecoin holders amidst changing regulatory landscapes.
StableCover Pro for US and Hong Kong Markets
StableCover Pro addresses the growing demand for insurance compliant with SEC regulations in the US and new regulatory frameworks established in Hong Kong.
Need for Stablecoin Insurance After Terra Collapse
Institutional-grade stablecoin insurance has few precedents, highlighted by the need for regulated coverage following the Terra collapse.
Experts' Opinion on the Future of Stablecoin Insurance
Glusman, CEO of BDIC HK LTD, emphasized the significance of the product in fostering trust in digital assets: "StableCover Pro is designed to align with new SEC guidance and intends to expand into new regulatory markets in 2026."
StableCover Pro from BDIC HK LTD represents a significant move towards strengthening trust in digital assets and addresses the needs of institutional participants in the stablecoin market.