A federal agency is publishing statistical economic data on the blockchain for the first time ever, tapping Chainlink (LINK) and Pyth Network (PYTH) to help.
According to the U.S. Department of Commerce, the blockchain oracles are helping the Department publish the 2025 second quarter gross domestic product (GDP) data on Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and more.
“The Department published an official hash of its quarterly GDP data release for 2025—and, in some cases, the topline GDP number—to the following nine blockchains: Bitcoin, Ethereum, Solana, TRON, Stellar, Avalanche, Arbitrum One, Polygon PoS, and Optimism.
The data was also further disseminated through coordination with the oracles, Pyth and Chainlink. The exchanges, Coinbase, Gemini, and Kraken, helped facilitate the Department’s publishing.
The 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.”
Says U.S. Secretary of Commerce Howard Lutnick of the Department’s blockchain milestone,
“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.”
Pyth Network’s native token PYTH is trading for $0.202 at time of writing, up 72% in the last 24 hours. LINK, meanwhile, is only up 2% in the last 24 hours, trading for $24.70 at time of writing.
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