Overview
- The agency recorded cryptographic hashes of recent quarterly GDP on Bitcoin, Ethereum, Solana, Avalanche, Arbitrum, Tron, Polygon PoS, Optimism, and Stellar.
- Coinbase, Kraken, and Gemini helped facilitate the on-chain publication as part of the proof-of-concept rollout.
- PYTH rallied roughly 60% with a sharp volume spike following the government’s selection of Pyth Network as a distribution partner.
- Officials indicated the pilot could expand to additional datasets beyond GDP, with governance and timelines still to be finalized.
- According to new reporting, Chainlink is publishing six BEA indicators across ten chains while Pyth begins by posting five years of quarterly GDP, with broader coverage expected.