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About POSS

Posschain is a next-generation blockchain protocol, that enables all legacy, current, and future blockchains to seamlessly scale and communicate with each other.

Posschain (POSS) is a cryptocurrency launched in 2022. POSS has a current supply of 50.00M with 0 in circulation. The last known price of POSS is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://posschain.com.

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POSS Price Statistics
POSS’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#6388
POSS Market Cap
Market Cap
$0
Fully Diluted Market Cap
$7,827.53
POSS Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
POSS Supply
Circulating Supply
0
Total Supply
50.00M
Max Supply
50.00M
Updated Sep 02, 2024 9:30 am
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POSS
Posschain
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Meta's Rumored Return to Stablecoin Market Sparks Reflection on Diem's Journey
Meta's Rumored Return to Stablecoin Market Sparks Reflection on Diem's Journey
Meta's rumored plans to re-enter the stablecoin market in 2026 have reignited discussions about Facebook's initial launch of Libra in June 2018. According to BlockBeats, Libra faced numerous regulatory challenges, leading to its rebranding as Diem and eventual sale, severing ties with Meta. Silvergate Bank acquired Diem from Meta, a move that was influenced by its deep partnership with FTX. Silvergate, once a prominent player in the crypto industry, was known for its collaboration with FTX, which relied heavily on Silvergate for USD transactions. In 2022, Silvergate issued $132 million in new shares and paid an additional $50 million in cash to acquire Diem. Despite the regulatory hurdles that led to Diem's sale, Silvergate's CEO Alan Lane remained committed to the narrative of banks issuing stablecoins, investing $200 million in the acquisition. FTX's founder, SBF, reportedly played a significant role in advising Silvergate, highlighting the close relationship between the two entities. SBF praised Silvergate as a cornerstone of the industry, essential for FTX's USD operations. Even after FTX's collapse, Silvergate faced collective lawsuits accusing it of having an unusually close relationship with FTX. Silvergate's acquisition of Diem was seen as a strategic move to integrate a comprehensive payment system, asset tokenization, and stablecoin into its business model. However, the collapse of FTX led to unprecedented withdrawal demands on Silvergate, forcing it to liquidate assets at a loss. The Diem assets, purchased for $182 million, were eventually written off as worthless. By March 2023, Silvergate announced its voluntary liquidation, marking the end of its operations. The bank, with over 30 years of history, paid millions in fines to the Federal Reserve and SEC, surrendering its banking licenses. Diem's code remains neglected in the liquidation pool, as Silvergate's name was removed from regulatory lists by 2024.
Feb 25, 2026 9:03 pm

Frequently Asked Questions

  • What is the all-time high price of Posschain (POSS)?

    The all-time high of POSS was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Posschain (POSS) is 0. The current price of POSS is down 0% from its all-time high.

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  • How much Posschain (POSS) is there in circulation?

    As of , there is currently 0 POSS in circulation. POSS has a maximum supply of 50.00M.

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  • What is the market cap of Posschain (POSS)?

    The current market cap of POSS is 0. It is calculated by multiplying the current supply of POSS by its real-time market price of 0.

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  • What is the all-time low price of Posschain (POSS)?

    The all-time low of POSS was 0 , from which the coin is now up 0%. The all-time low price of Posschain (POSS) is 0. The current price of POSS is up 0% from its all-time low.

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  • Is Posschain (POSS) a good investment?

    Posschain (POSS) has a market capitalization of $0 and is ranked #6388 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Posschain (POSS) price trends and patterns to find the best time to purchase POSS.

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