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2h ago

Commerce Department Puts Q2 GDP on Nine Blockchains in First U.S. Data Pilot

The move tests using public networks to make federal releases tamper-evident for direct use by smart contracts.

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A Donald Trump coin is pictured alongside Bitcoin and various other cryptocurrencies in this photo illustration in Brussels, Belgium, on August 5, 2025. (Photo by Jonathan Raa/NurPhoto via Getty Images)
US government partners with Chainlink to publish GDP data on Ethereum, Base, Avalanche and other blockchains

Overview

  • The department published a cryptographic hash of its Q2 2025 GDP release—and in some cases the 3.3% annualized figure—across Bitcoin, Ethereum, Solana and six other chains.
  • Commerce formalized distribution partnerships with Chainlink and Pyth to carry verified BEA metrics such as GDP, the PCE Price Index, and Real Final Sales to Private Domestic Purchasers on-chain.
  • Coinbase, Gemini, and Kraken helped facilitate the initial postings, including procuring crypto to cover transaction fees and broadcasting the records to multiple networks.
  • Officials describe the rollout as a proof of concept with key details still to be set, including governance, platform choices, timelines, and how upstream data integrity will be verified.
  • Oracle-related tokens rallied on the news, with Pyth jumping about 69% and Chainlink gaining, while Bitcoin traded above $113,000 in a broader market lift.