Notification
Mycryptopot
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
Reading: America makes GDP data immutable by publishing it on Bitcoin, Ethereum and Solana
Share
bitcoin
Bitcoin (BTC) $ 81,231.00
ethereum
Ethereum (ETH) $ 2,631.20
tether
Tether (USDT) $ 0.999625
bnb
BNB (BNB) $ 761.68
usd-coin
USDC (USDC) $ 0.999717
xrp
XRP (XRP) $ 1.41
binance-usd
BUSD (BUSD) $ 0.99943
dogecoin
Dogecoin (DOGE) $ 0.087871
cardano
Cardano (ADA) $ 0.227891
solana
Solana (SOL) $ 110.64
polkadot
Polkadot (DOT) $ 1.12
tron
TRON (TRX) $ 0.340179
MycryptopotMycryptopot
Search
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Mycryptopot > News > Crypto > Solana > America makes GDP data immutable by publishing it on Bitcoin, Ethereum and Solana
Solana

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

August 28, 2025 3 Min Read
Share
America makes GDP data immutable by publishing it on Bitcoin, Ethereum and Solana

Contents
US GDP grew 3.3%Oracle suppliers to distribute informationTalked about on this article

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

The pilot program launched on Aug. 28 consists of 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 obtainable.

The federal government added that future releases might develop to further 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 instances, the division additionally shared the topline GDP quantity itself.

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

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

“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 authorities deliberate to problem financial information on public blockchains.

Oracle suppliers to distribute information

In the meantime, the info is concurrently being distributed by 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 closing gross sales to personal home purchasers—at the moment are obtainable on-chain for the primary time.

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

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

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

Talked about on this article

You Might Also Like

Capital One receives court approval for $425m customer settlement

Bitcoin Price Crash Imminent? BTC Could Fall Back To This 4H FVG

Bitcoin’s market got calmer in 2025 thanks to yield-hungry institutional investors

MicroStrategy In Trouble? Economist Reveals What Happens If Bitcoin Falls 90%

As Senate CLARITY Act odds plunge to 30%, Bitcoin’s refusal to drop signals a stealth upside trap

TAGGED:AdoptionBitcoinCoinscryptoEthereumMacroSolanaSolana AnalysisSolana NewsTechnologyUS
Share This Article
Facebook Twitter Copy Link
Previous Article image Is the Solana Launchpad Rivalry Heating up?
Next Article image How Things Are Changing for Japan’s Largest Bitcoin Tank
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -

Popular News

Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
SONEX launches on Soneium’s mainnet 
SONEX launches on Soneium’s mainnet 
Shiba Inu
Solana Unveils “Seeker” Phone: Will SOL Spike To $250 Now?
Shiba Inu
Cardano: Recent Poll Has ADA Beating Out Ethereum & Solana
Why Bitcoin’s 63% HODL wave isn’t the mega bull signal everyone thinks it is
Why Bitcoin’s 63% HODL wave isn’t the mega bull signal everyone thinks it is
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
- Advertisement -

You Might Also Like

ARK Invest
Bitcoin

ARK Invest’s Cathie Wood Lowers Her Bitcoin Price Target – Here’s Why

November 9, 2025
Ethereum Breaks Above Month-Long Range – 1.3M ETH Held At $2.70K–$2.74K May Anchor Price
Ethereum

Ethereum Breaks Above Month-Long Range – 1.3M ETH Held At $2.70K–$2.74K May Anchor Price

June 12, 2025
Bitcoin price
Bitcoin

A Satoshi-Era Bitcoin Miner Just Moved For The First Time Since 2024: Here’s How Much

January 11, 2026
image
Bitcoin

50% of Bitcoin Transactions Now Instant and Low-Cost

September 14, 2025
Mycryptopot

"Welcome to MyCryptoPot, your go-to source for the latest insights and developments in the ever-evolving world of cryptocurrency.

Editor Choice

Czech central bank governor urges study of Bitcoin being distinct from other digital assets
Could Marathon be readying to team with Exxon or Aramco on flare gas Bitcoin mining?
Institutional investors now hold 20% of US-traded spot Bitcoin ETFs

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Facebook Twitter Telegram
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Reading: America makes GDP data immutable by publishing it on Bitcoin, Ethereum and Solana
Share
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Welcome Back!

Sign in to your account

Lost your password?