U.S. Commerce Department Releases GDP Data on Bitcoin, Ethereum, and Solana Blockchains

On Thursday, the Department of Commerce revealed that it has started uploading its GDP data onto nine blockchain networks and is partnering with decentralized oracle networks Chainlink and Pyth to integrate U.S. macroeconomic data into the decentralized finance (DeFi) ecosystem and the wider crypto economy.

The department’s release of GDP data for Q2 2025 has already been uploaded onto Bitcoin, Ethereum, Solana, and six additional blockchains: Tron, Avalanche, Stellar, and Ethereum layer-2 networks Polygon, Arbitrum, and Optimism, with support from crypto exchanges Coinbase, Gemini, and Kraken.

In the future, collaborations with Chainlink and Pyth will allow verified U.S. government data—including GDP statistics, the inflation-tracking Personal Consumption Expenditures (PCE) Price Index, and Real Final Sales to Private Domestic Purchasers, a vital measure of economic demand—to be disseminated throughout the DeFi ecosystem.

This initiative marks a historic milestone, being the first instance of a federal agency publishing economic data on-chain.

What is the rationale behind such integration? Responses vary. Pyth has lauded the partnership with the U.S. government as a move toward “increas[ing] confidence in public information systems” through enhanced data transparency.

Chainlink specifically highlighted how U.S. government data will now fuel and reinforce DeFi activities, stating that the verified data will soon support prediction markets, foster the creation of new crypto asset types, and enhance the adaptability of tokenized assets, among other applications.

The Department of Commerce did not respond immediately when asked by Decrypt about the tangible benefits its new on-chain initiative will provide the federal government compared to other methods of data publication.

“It’s only fitting that the Commerce Department and President Donald Trump, the ‘crypto-president,’ publicly release economic statistical data on the blockchain,” U.S. Secretary of Commerce Howard Lutnick stated today. “We are making America’s economic truth immutable and globally accessible like never before, cementing our role as the blockchain capital of the world.”

Editor’s note: This story is breaking and will be updated with additional details.