 
 
The U.S. government has begun using blockchains to disseminate key economic data, following Commerce Secretary Howard Lutnick teasing the project’s launch a few days ago.
Key economic statistics like GDP and the PCE Price Index are now available through Chainlink Data Feeds on ten blockchain networks, marking a first-of-its-kind step to connect public data infrastructure with blockchain technology.
Chainlink And Pyth Selected To Bring US Government Economic Data On-Chain
In partnership with Oracle protocols Chainlink and Pyth Network, the Department of Commerce’s GDP data release for Q2 2025 has already been uploaded to Bitcoin, Ethereum, Solana, and six other blockchains: Tron, Avalanche, Stellar, and Ethereum layer-2 networks Polygon, Arbitrum, and Optimism. Digital asset exchanges Coinbase, Gemini, and Kraken helped facilitate the publishing of the data on-chain.
“It’s only fitting that the Commerce Department and President Donald Trump, the ‘Crypto-President’, publicly release economic statistical data on the blockchain,” said Commerce Secretary Howard Lutnick. “We are making America’s economic truth immutable and globally accessible like never before, cementing our role as the blockchain capital of the world. And everybody has to admit that 3.3% GDP growth is impressive.”
Moving forward, the collaboration with Chainlink and Pyth will facilitate the distribution of verified U.S. government data, including real GDP statistics, the Personal Consumption Expenditures (PCE) Price Index, and Real Final Sales to Private Domestic Purchasers, across the decentralized finance (DeFi) ecosystem, according to the announcement.
 
Push For Economic Transparency
The integration of blockchain technology into economic data is part of the Trump administration’s plan to make government spending more transparent in an effort to improve accountability and make the United States a “world capital” of crypto.
Commenting on the move, Mike Cahill, founder of Douro Labs and core contributor to Pyth, asserted that the dissemination of key macro data via public blockchains can trigger a new wave of transparency, innovation, and adoption.
“It’s been a privilege for me and the Pyth team to work closely with the Department of Commerce over the past few months to make this happen,” Cahill postulated. “Secretary Howard Lutnick and his team are pushing the boundaries of innovation as they modernize and position the United States to be the worldwide blockchain leader. We’ve entered a new era.”
According to the announcement, Lutnick’s Department “will continue to innovate and broaden the scope of publishing future datasets like GDP to include the use of other blockchains, oracles, and exchanges.”
Source: https://zycrypto.com/a-new-era-of-crypto-adoption-us-starts-publishing-gdp-data-on-bitcoin-ethereum-and-solana-blockchains/