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

29 August 2025
in Ethereum
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The US Division of Commerce has begun publishing official financial statistics instantly on public blockchains, describing this as a brand new method 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 circumstances, 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 obtainable.

The federal government added that future releases may develop to extra chains, oracles, and market individuals 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 progress of three.3%. In some circumstances, the division additionally shared the topline GDP quantity itself.

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

NemoNemo

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 position because the blockchain capital of the world.”

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

Oracle suppliers to distribute information

In the meantime, the info is concurrently being distributed via 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 Worth Index, and actual ultimate gross sales to non-public home purchasers—at the moment are obtainable on-chain for the primary time.

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

“Bringing US authorities information onchain unlocks modern use circumstances for blockchain markets, equivalent to automated buying and selling methods, elevated composability of tokenized belongings, the issuance of latest kinds of digital belongings, real-time prediction markets for crowdsourced intelligence, clear dashboards powered by immutable information, and DeFi protocol danger administration based mostly on macroeconomic elements.”

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

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Tags: AmericaBitcoinDataEthereumGDPImmutablePublishingSolana
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