The US Division of Commerce has begun publishing official financial statistics straight on public blockchains, describing this as a brand new strategy to transparency and knowledge safety.
The pilot program launched on Aug. 28 consists of 9 networks, together with Bitcoin, Ethereum, Solana, TRON, Stellar, Avalanche, Arbitrum One, Polygon PoS, and Optimism.
The announcement confirmed,
“The Division printed an official hash of its quarterly GDP knowledge launch for 2025—and, in some circumstances, the topline GDP quantity.”
Notably, different main blockchain networks like XRP Ledger and Cardano didn’t take part in the preliminary rollout.
The authorities identified that main US exchanges, together with Coinbase, Gemini, and Kraken, assisted in making the datasets accessible.
The federal government added that future releases may increase to extra chains, oracles, and market members as this system matures.
US GDP grew 3.3%
For the primary launch, the division issued a cryptographic proof of its July 2025 gross home product (GDP) replace, which confirmed annualized development of three.3%. In some circumstances, the division additionally shared the topline GDP quantity itself.
The US authorities mentioned the trouble is designed to make federal knowledge immutable and universally accessible, whereas testing blockchain’s skill to function a everlasting publishing platform.
Commerce Secretary Howard Lutnick framed the initiative as each symbolic and sensible. He said:
“It’s solely becoming that the Commerce Division and President Donald Trump, the Crypto-President, publicly launch financial statistical knowledge on the blockchain. We’re making America’s financial reality immutable and globally accessible like by no means earlier than, cementing our position because the blockchain capital of the world.”
Notably, this comes lower than two days after Lutnick revealed that the Donald Trump-led authorities deliberate to difficulty financial knowledge on public blockchains.
Oracle suppliers to distribute knowledge
In the meantime, the information is concurrently being distributed via Chainlink and Pyth, two main oracle suppliers.
Chainlink confirmed that a number of indicators compiled by the Bureau of Financial Evaluation—together with GDP, the PCE Value Index, and actual ultimate gross sales to personal home purchasers—are actually accessible on-chain for the primary time.
Based on the agency, these metrics will probably be refreshed month-to-month or quarterly. It added:
“Bringing US authorities knowledge onchain unlocks modern use circumstances for blockchain markets, comparable to automated buying and selling methods, elevated composability of tokenized belongings, the issuance of latest forms of digital belongings, real-time prediction markets for crowdsourced intelligence, clear dashboards powered by immutable knowledge, and DeFi protocol threat administration primarily based on macroeconomic elements.”
Solana-based Pyth added that “the information [would become] immediately accessible to 600+ linked purposes throughout 100+ blockchains.”
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