Lucía Peña
The US Department of Commerce has officially begun publishing major economic statistics on public blockchains, marking a historic shift in how government data is distributed. This comes after Commerce Secretary Howard Lutnick hinted at the launch earlier this week.
Working alongside oracle networks Chainlink and Pyth, the initiative brings six critical metrics from the Bureau of Economic Analysis — including real GDP, the PCE Price Index, and real final sales to private domestic purchasers — directly onchain for the first time.
This move opens up opportunities for DeFi platforms, prediction markets, and tokenized asset ecosystems, providing developers and investors with verifiable, tamper-proof data streams.
Multi-Chain Distribution Expands Reach
The data will be refreshed monthly or quarterly and is already available across ten leading blockchains, including Ethereum, Arbitrum, Avalanche, Base, Linea, Optimism, Mantle, Sonic, Botanix, and ZKsync. Additional networks will be added as demand grows, according to Chainlink.
A cryptographic hash of the data is anchored to blockchain networks, ensuring authenticity while creating a parallel publishing channel — not a replacement for traditional releases.
The Commerce Department confirmed that Coinbase, Gemini, and Kraken assisted in facilitating blockchain publication, with Bloomberg reporting that the agencies used these exchanges to acquire the cryptocurrency needed to cover transaction fees.
Lutnick: “America’s Economic Truth Made Immutable”
Commenting on the launch, Lutnick emphasized the administration’s commitment to blockchain integration:
“It’s only fitting that the Commerce Department and President Donald Trump — the Crypto-President — release America’s economic data on the blockchain. We are making economic truth immutable and globally accessible like never before. And everyone has to admit that 3.3% GDP growth is impressive.”
Blockchain Becomes Central to Trump’s Crypto Agenda
The move is part of a wider crypto-forward strategy under the Trump administration. Alongside this initiative, the government has been advocating for dollar-backed stablecoins to reinforce the U.S. dollar’s dominance as the world’s reserve currency.
Earlier in 2025, under billionaire Elon Musk’s oversight, the Department of Government Efficiency also explored blockchain-based cost reduction and transparency tools — further cementing blockchain’s role in U.S. governance.
