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US Commerce Department Partners with Chainlink to Put Economic Data On-Chain

8/29/2025
2min read
Denislav Manolov's Image
by Denislav Manolov
Crypto Expert at Airdrops.com
8/29/2025
2min read
Denislav Manolov's Image
by Denislav Manolov
Crypto Expert

Government Data Meets Blockchain Innovation

The U.S. Department of Commerce has officially partnered with Chainlink and Pyth Network to publish macroeconomic data on-chain, marking a historic first for government transparency through blockchain technology.

The initiative will allow real-time access to official U.S. statistics by leveraging decentralized networks, aiming to make data more transparent, tamper-proof, and globally accessible.

Chainlink will deliver feeds from the Bureau of Economic Analysis (BEA), covering major indicators such as GDP, the PCE Price Index, and Real Final Sales to Private Domestic Purchasers. Meanwhile, Pyth will handle publishing GDP output data, further expanding blockchain’s role in financial infrastructure.

A Blockchain-First for Washington

According to Chainlink, the rollout will initially target ten blockchain networks, including Ethereum, Arbitrum, Avalanche, Base, Optimism, Linea, Mantle, Sonic, Botanix, and ZKsync.

Already, the BEA has started publishing six key indicators live on-chain through Chainlink Data Feeds, providing updates on GDP, inflation, and domestic demand in sync with official release schedules. 

Commerce Secretary Howard Lutnick, who spearheaded the initiative, said the effort is aligned with President Trump’s push for greater accountability.

In his statement, Lutnick declared:

“It’s only fitting that the Commerce Department and President Donald Trump, the Crypto-President, publicly release economic statistical data on the blockchain. 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.”

Building on Trump’s Transparency Agenda

Observers see this as a decentralized extension of Trump’s earlier push for transparency in federal spending, which created the controversial Department of Government Efficiency (DOGE).

By placing official economic data on-chain, the U.S. is setting a new global precedent for open finance. Blockchain ensures data cannot be altered once published, offering unprecedented accountability for policymakers, businesses, and researchers alike.

Mike Cahill, founder of Douro Labs and core contributor to Pyth, praised the collaboration, saying:

“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. 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.”

Chainlink, which already powers financial and DeFi data feeds across multiple chains, sees this partnership as proof of blockchain’s mainstream institutional adoption.

The Road Ahead for On-Chain Government Data

The Commerce Department has signaled that this initiative is just the start. Other agencies may soon follow, embedding blockchain into the fabric of U.S. data infrastructure

If successful, this could redefine how governments worldwide release statistics, handle transparency, and interact with digital economies. For now, the U.S. has taken a bold first step by making its GDP and inflation numbers available to anyone, anywhere, in immutable on-chain form.

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