Chainlink and the U.S. Department of Commerce announced key government macroeconomic data will be delivered on-chain to boost transparency and enable new blockchain market use cases.
This initiative aims to deliver critical information around key US economic data points, such as Real Gross Domestic Product (GDP), Personal Consumption Expenditures (PCE) Price Index, as well as Real Final Sales to Private Domestic Purchasers. Data on the level and percentage change of Real GDP will be updated quarterly. The PCE Price Index and Real Final Sales to Private Domestic Purchasers will be updated monthly or quarterly, as applicable. All this data is now available on-chain for consumption.
The data will also be available across ten blockchain ecosystems initially, including Arbitrum, Avalanche, Base, Botanix, Ethereum, Linea, Mantle, Optimism, Sonic, and ZKsync.
Bringing U.S. government data on-chain unlocks innovative use cases for blockchain markets, such as automated trading strategies, increased composability of tokenized assets, the issuance of new types of digital assets, real-time prediction markets for crowdsourced intelligence, transparent dashboards powered by immutable data, and DeFi protocol risk management based on macroeconomic factors.
This unveiling follows the recent push to integrate blockchain technology into federal institutions. As reported by Bitcoinist, the U.S. House of Representatives passed a bill in June to establish a Blockchain Deployment Program, focusing to develop best practices as well as exploring the adoption of blockchain in multiple areas.
This development builds amid growing federal attention to blockchain—namely, the U.S. House passed the bipartisan Deploying American Blockchains Act of 2025 in late June, directing the Department of Commerce to establish a blockchain deployment program to develop best practices for using distributed ledger technologies across public and private sectors.
