The U.S. Department of Commerce has begun publishing official economic statistics, starting with second-quarter gross domestic product, directly to public blockchains. The initiative, announced on 28 August, marks the first time a federal agency has moved core economic data on-chain. Twenty-three GDP data points are being distributed via decentralized oracle providers Pyth Network and Chainlink. Hashes of the underlying reports are recorded across nine major blockchains—including Bitcoin, Ethereum and Solana—to create a tamper-proof, universally accessible record. Commerce Secretary Howard Lutnick said the project "sets a new standard for transparency" and signaled plans to add further indicators such as personal consumption expenditures. The effort aligns with President Donald Trump’s push to position the United States as a leader in digital-asset infrastructure. The market responded quickly: the PYTH token jumped as much as 70% after the announcement, while Chainlink’s LINK also gained. Analysts said federal adoption of oracle networks could accelerate corporate use of on-chain data and solidify the U.S. lead in blockchain-based reporting.
$LINK 🤝🏼 U.S. Department of Commerce $LINK 🤝🏼 SWIFT $LINK 🤝🏼 DTCC $LINK 🤝🏼 BNY Melon $LINK 🤝🏼 JPMorgan $LINK 🤝🏼 US Bank $LINK 🤝🏼 Euroclear $LINK 🤝🏼 ANZ Bank $LINK 🤝🏼 State Street $LINK 🤝🏼 Invesco $LINK 🤝🏼 Hong Kong Monetary Authority $LINK 🤝🏼 Clearstream $LINK 🤝🏼 Citi $LINK 🤝🏼
commerce department publishing gdp data through chainlink across 10 blockchains! caliber treasury bought link, stock surged 60%! link $24 vs xrp $180b insane!
Big day for Chainlink! https://t.co/fjhbMtaSCD