Beginning with the July 2025 data, the Department will publish real gross domestic product data on major blockchains, including Bitcoin, Ethereum, and Solana. According to revised estimates from the Bureau of Economic Analysis, GDP grew at an annual rate of 3.3% in July 2025.
By putting these economic figures on the blockchain, the Department is making official U.S. economic data more transparent, secure, and widely accessible than ever before.
A New Era for Public Data
This marks the first time a federal agency has published economic statistics in this way. The Department is leveraging blockchain to protect the integrity of federal data while enabling public access. For each quarterly GDP release, an official hash of the dataset—and in some cases, the topline GDP number—is published on nine blockchains, including TRON, Stellar, Avalanche, Arbitrum One, Polygon PoS, and Optimism. The data is further distributed through oracle networks like Pyth and Chainlink, with exchanges such as Coinbase, Gemini, and Kraken assisting in the process.
BREAKING : US Government posts latest GDP DATA on Polygon and other blockchainshttps://t.co/5KhXij6QjZ
— Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) August 28, 2025
The principle behind this approach is simple. A blockchain hash acts like a digital fingerprint of the data. Anyone can verify that the published hash matches the official GDP report, ensuring the data has not been altered. This provides a level of trust and transparency that traditional publication methods cannot match.
BREAKING: The U.S. Commerce Department will begin distributing GDP data on Bitcoin, Ethereum, and Solana 🔥🔥🔥
Pyth Network will help verify economic data onchain. pic.twitter.com/Gk5YdcUznh
— Solana (@solana) August 28, 2025
A real-world example of blockchain protecting public data comes from Estonia, which has long used blockchain technology to secure health records and government databases. By adopting a similar model, the U.S. Commerce Department is signaling that blockchain can play a critical role in safeguarding national economic information while enabling innovation.
Pyth to Verify and Distribute Government Economic Data
The U.S. Department of Commerce has selected Pyth Network to verify and distribute economic data onchain. This marks a historic step in government use of decentralized technology. By ensuring the verifiable and immutable publication of official statistics, Pyth is setting a new standard for economic transparency and accountability.
The U.S. Department of Commerce has selected Pyth Network to verify & distribute economic data onchain 🏛️
Today’s announcement by @howardlutnick & @realDonaldTrump marks a landmark step for the adoption of decentralization & validates Pyth’s role as a trusted data source 🧵 ⬇️ pic.twitter.com/cOvw8lDNhP
— Pyth Network 🔮 (@PythNetwork) August 28, 2025
Verified onchain data will support tokenization, greater public access, and trust in government information. Initially, Pyth will release quarterly GDP data going back five years. With plans to expand to additional economic datasets. As governments modernize their data infrastructure, Pyth provides the secure rails to power a more transparent digital future.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies presented are the thoughts and opinions of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments; therefore, please conduct your due diligence. Copyright Altcoin Buzz Pte Ltd.
The post U.S. Publishes GDP on Bitcoin, Ethereum, and Solana appeared first on Altcoin Buzz.
This articles is written by : Nermeen Nabil Khear Abdelmalak
All rights reserved to : USAGOLDMIES . www.usagoldmines.com
You can Enjoy surfing our website categories and read more content in many fields you may like .
Why USAGoldMines ?
USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.