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The cryptonews hub > Blog > Trending News > America makes GDP data immutable by publishing it on Bitcoin, Ethereum and Solana
Trending News

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

Crypto Team
Last updated: August 29, 2025 2:53 am
Crypto Team
Published: August 29, 2025
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wp header logo 2841 America makes GDP data immutable by publishing it on Bitcoin, Ethereum and Solana

The US Department of Commerce has begun publishing official economic statistics directly on public blockchains, describing this as a new approach to transparency and data security.

The announcement confirmed,

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“The Department published an official hash of its quarterly GDP data release for 2025—and, in some cases, the topline GDP number.”

Notably, other leading blockchain networks like XRP Ledger and Cardano did not participate in the initial rollout.

The authorities pointed out that major US exchanges, including Coinbase, Gemini, and Kraken, assisted in making the datasets available.

The government added that future releases could expand to additional chains, oracles, and market participants as the program matures.

For the first release, the department issued a cryptographic proof of its July 2025 gross domestic product (GDP) update, which showed annualized growth of 3.3%. In some cases, the department also shared the topline GDP number itself.

The US government said the effort is designed to make federal data immutable and universally accessible, while testing blockchain’s ability to serve as a permanent publishing platform.

“It’s only fitting that the Commerce Department and President Donald Trump, the Crypto-President, publicly release economic statistical data on the blockchain. We are making America’s economic truth immutable and globally accessible like never before, cementing our role as the blockchain capital of the world.”

According to the firm, these metrics will be refreshed monthly or quarterly. It added:

“Bringing US government data onchain 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.”

Solana-based Pyth added that “the data [would become] instantly accessible to 600+ connected applications across 100+ blockchains.”

source

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