U.S. Government Partners With Chainlink, Pyth and Kraken to Publish Economic Data Onchain
The U.S. Department of Commerce published Q2 GDP data on nine blockchains to improve data transparency and security, marking a first for a G7 nation, officials said.
7 Articles
7 Articles
U.S. Government Partners With Chainlink, Pyth and Kraken to Publish Economic Data Onchain
The U.S. Department of Commerce published the Bureau of Economic Analysis’s Q2 GDP data on nine blockchains, including Bitcoin, Ethereum, Solana and Avalanche. The department partnered with blockchain oracle providers Chainlink and Pyth Network, as well as crypto exchange Kraken, to publish the economic data onchain. Chainlink’s native token LINK surged 12% to an intraday high of $25.90 on the news, before retracing to around $24.12 as of early…
Cynthia Lummis Says Publishing US GDP Data On Blockchain Is A 'Historic Move' — Thanks Trump, Lutnick For Leadership - Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)
Cryptocurrency supporters hailed on Thursday the U.S. government's move to post GDP numbers on several blockchain platforms. Senior Lawmaker Calls Move Historic Sen. Cynthia Lummis (R-Wyo.) deemed the Commerce Department's move as "historic" that will ensure America's leadership in "digital innovation and transparency."
As US Data Moves to Blockchain, Should Businesses Follow?
It’s no secret the Trump Administration loves bitcoin and crypto. And as news this week from the Department of Commerce shows, that enthusiasm is now spilling over across the rest of the government. On Thursday (Aug. 28), the Commerce Department announced that it will begin posting real gross domestic product (GDP) data on blockchain, beginning with the July 2025 data, to the following nine blockchains: Bitcoin, Ethereum, Solana, TRON,…
US Commerce to Publish GDP Data on Blockchain with Kraken, Chainlink
In a move that could reshape how governments handle official statistics, U.S. Commerce Secretary Howard Lutnick announced during a White House cabinet meeting that the Department of Commerce plans to publish key economic data, starting with gross domestic product (GDP) figures, directly on blockchain technology. This initiative, revealed on August 26, 2025, aims to enhance transparency, immutability, and public access to macroeconomic indicators…
Kraken Announces Selection by U.S. Commerce Department to Publish Economic Data on Blockchain
The U.S. Department of Commerce has turned to cryptocurrency exchange Kraken to support a new initiative that will put gross domestic product (GDP) data directly onto public blockchains. Announced by President Donald Trump and Commerce Secretary Howard Lutnick, the plan marks the first time a G7 country will use blockchain to distribute official economic statistics.Blockchain Meets GDP DataUnder the project, GDP information will reportedly be re…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium