US Government Starts Publishing Macroeconomic Data on Public Blockchains, Partnering with Chainlink and Pyth
- The U.S. government has begun publishing key macroeconomic data directly on public blockchains.
- Data is initially distributed across Bitcoin, Ethereum, Solana, Avalanche, Arbitrum, Optimism, and others.
- Chainlink and Pyth Network are powering the integration, with support from Coinbase, Gemini, and Kraken.
The U.S. government has officially begun distributing core macroeconomic indicators on public blockchains, marking a historic step in merging traditional finance with decentralized technology.
The initiative, announced by Commerce Secretary Howard Lutnick, follows earlier hints of blockchain integration for federal data. The U.S. Department of Commerce, in collaboration with Chainlink and Pyth Network, is now publishing six major indicators from the Bureau of Economic Analysis — including real GDP, the PCE Price Index, and real final sales to private domestic purchasers — directly onchain.
Initially, the data is being made available on ten blockchains, including: Ethereum, Bitcoin, Solana, Avalanche, Arbitrum, Optimism, Base, ZKsync, Linea, Mantle
Additional networks will be considered depending on demand. The integration works by anchoring cryptographic hashes of the data on-chain, ensuring its immutability and global accessibility.
Major U.S.-based exchanges Coinbase, Gemini, and Kraken provided support by facilitating crypto purchases needed to cover transaction fees for the blockchain postings.
The Commerce Department clarified that this new approach does not replace existing publishing methods but instead introduces an additional trust-minimized distribution channel for sensitive economic data, designed for direct use in DeFi applications, prediction markets, and tokenized financial instruments.
In an official statement, Secretary Lutnick framed the initiative as a global leadership move:
“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.”
The rollout builds on broader crypto-forward policies under President Donald Trump, who has positioned himself as the “Crypto-President.” His administration has already advanced initiatives such as encouraging dollar-backed stablecoins to strengthen the U.S. dollar’s global reserve dominance.
Earlier this year, billionaire Elon Musk, leading the Department of Government Efficiency, also examined blockchain applications for cost reduction and transparency across federal operations.
Final Thought
By anchoring official economic statistics directly to public blockchains, the U.S. government is not only strengthening transparency but also legitimizing blockchain’s role in the future of global finance. This move could signal the beginning of a broader wave of onchain governance and public data distribution worldwide.