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    Home » America makes GDP data immutable by publishing it on Bitcoin, Ethereum and Solana
    Ethereum

    America makes GDP data immutable by publishing it on Bitcoin, Ethereum and Solana

    FreshUsNewsBy FreshUsNewsAugust 29, 2025No Comments3 Mins Read
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    Stake

    The US Division of Commerce has begun publishing official financial statistics immediately on public blockchains, describing this as a brand new strategy to transparency and information safety.

    The pilot program launched on Aug. 28 contains 9 networks, together with Bitcoin, Ethereum, Solana, TRON, Stellar, Avalanche, Arbitrum One, Polygon PoS, and Optimism.

    The announcement confirmed,

    “The Division revealed an official hash of its quarterly GDP information launch for 2025—and, in some instances, the topline GDP quantity.”

    Notably, different main blockchain networks like XRP Ledger and Cardano didn’t take part in the preliminary rollout.

    The authorities identified that main US exchanges, together with Coinbase, Gemini, and Kraken, assisted in making the datasets out there.

    The federal government added that future releases may broaden to extra chains, oracles, and market contributors as this system matures.

    US GDP grew 3.3%

    For the primary launch, the division issued a cryptographic proof of its July 2025 gross home product (GDP) replace, which confirmed annualized development of three.3%. In some instances, the division additionally shared the topline GDP quantity itself.

    The US authorities stated the hassle is designed to make federal information immutable and universally accessible, whereas testing blockchain’s potential to function a everlasting publishing platform.

    Nemo

    Commerce Secretary Howard Lutnick framed the initiative as each symbolic and sensible. He acknowledged:

    “It’s solely becoming that the Commerce Division and President Donald Trump, the Crypto-President, publicly launch financial statistical information on the blockchain. We’re making America’s financial reality immutable and globally accessible like by no means earlier than, cementing our function because the blockchain capital of the world.”

    Notably, this comes lower than two days after Lutnick revealed that the Donald Trump-led government planned to problem financial information on public blockchains.

    Oracle suppliers to distribute information

    In the meantime, the info is concurrently being distributed by means of Chainlink and Pyth, two main oracle suppliers.

    Chainlink confirmed that a number of indicators compiled by the Bureau of Financial Evaluation—together with GDP, the PCE Value Index, and actual last gross sales to non-public home purchasers—are actually out there on-chain for the primary time.

    In response to the agency, these metrics shall be refreshed month-to-month or quarterly. It added:

    “Bringing US authorities information onchain unlocks progressive use instances for blockchain markets, comparable to automated buying and selling methods, elevated composability of tokenized property, the issuance of recent kinds of digital property, real-time prediction markets for crowdsourced intelligence, clear dashboards powered by immutable information, and DeFi protocol danger administration primarily based on macroeconomic components.”

    Solana-based Pyth added that “the info [would become] immediately accessible to 600+ linked functions throughout 100+ blockchains.”

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