The New Age of Crypto Adoption: US Government Publishing GDP Data on Various Blockchains

Government agencies often rely on blockchain technology to securely, transparently, and verifiably distribute information, including economic statistics. The latest reports suggest that the U.S. government and the Commerce Department have decided to publish GDP data on nine public blockchains, including Bitcoin, Ethereum, TRON, and Avalanche. 

The initiative from the U.S government marks a revolutionary adoption of blockchain technology for official purposes like economic reporting. The U.S government has contacted and tapped Chainlink and Pyth Network to publish official economic and financial data on-chain. The Department of Commerce has officially confirmed through a press release that it would begin posting real gross domestic product (GDP) data on the blockchain, starting with the July 2025 data. 

A federal agency has published economic statistical data for the first time on the blockchain! 

The U.S. Department of Commerce has released an official press release on August 28 stating that it will publish its gross domestic product data through blockchains, including Bitcoin, Ethereum, Solana, etc. These 9 blockchains will include gross domestic product (GDP) data from July 2025. Despite the on-data publishing, the commerce department officials have clarified that it will not replace the usual method that has been followed in the past, but it is adding a new method, marking the beginning of the new age of blockchain adoption. 

U.S. Secretary of Commerce Howard Lutnick stated that it was only fitting for the Commerce Department and President Donald Trump, the Crypto-President, to publicly release economic statistical data on the blockchain. He mentioned that they were making America’s economic truth immutable and globally accessible like never before, cementing their role as the blockchain capital of the world. He added that everybody had to admit that 3.3% GDP growth was impressive.

The Department of Commerce has already released data on Q2 2025 through Bitcoin, Ethereum, Solana, and six other blockchains in partnership with Oracle protocols Chainlink and Pyth Network. The inine blockchain protocols included in this program are: Bitcoin, Ethereum, Solana, TRON, Stellar, Avalanche, Arbitrum One, Polygon PoS, and Optimism. The U.S. Department of Commerce has acknowledged that the cryptocurrency exchanges, including Coinbase, Gemini, and Kraken, helped them to facilitate this publishing and make this initiative a success.

Mike Cahill, the founder of Douro Labs and a core contributor to Pyth, stated that it had been a privilege for him and the Pyth team to work closely with the Department of Commerce over the past few months to make that happen. He mentioned that Secretary Howard Lutnick and his team were pushing the boundaries of innovation as they modernized and positioned the United States to be the worldwide blockchain leader. He added that they had entered a new era.

Department of Commerce’s GDP Data Release: Technical Details

According to the press release published on August 28, the department has published a hash of the Bureau of Economic Analysis’s quarterly GDP data release for Q2 2025. The press release also shared the smart contract address for each blockchain involved in this process. Here are the smart contract details of those 9 blockchain protocols.

• Bitcoin transaction hash: fcf172401ca9d89013f13f5bbf0fc7577cb8a3588bf5cbc3b458ff36635fec00

• Ethereum smart contract address: 0x36ccdF11044f60F196e981970d592a7DE567ed7b

• Solana transaction hash: 43dJVBK4hiXy1rpC5BifT8LU2NDNHKmdWyqyYDaTfyEeX8y3LMtUtajW3Q22rCSbmneny56CBtkictQRQJXV1ybp

• TRON transaction hash: 3f05633fb894aa6d6610c980975cca732a051edbbf5d8667799782cf2ae04040

• Stellar transaction hash: 89e4d300d237db6b67c510f71c8cd2f690868806a6b40a40a5a9755f4954144a

• Avalanche smart contract address: 0x36ccdF11044f60F196e981970d592a7DE567ed7b

• Arbitrum One smart contract address: 0x36ccdF11044f60F196e981970d592a7DE567ed7b

• Polygon PoS smart contract address: 0x36ccdF11044f60F196e981970d592a7DE567ed7b

• Optimism smart contract address: 0x36ccdF11044f60F196e981970d592a7DE567ed7b

The press release made a strong statement and claimed that they published this data for exclusive informational purposes, and the department did not endorse any specific blockchain service or associated activities. 

Department of Commerce’s new Initiative Fueled Enthusiasm in the Blockchain Arena!

The press release from the Department of Commerce stated that the Department would continue to innovate and broaden the scope of publishing future datasets like GDP to include the use of other blockchains, oracles, and exchanges. It added that through this landmark effort, the Department hoped to demonstrate the wide utility of blockchain technology. It also aimed to demonstrate a proof of concept for all of government and to build on the Trump Administration’s historic efforts to make the United States of America the blockchain capital of the world.

Mike Cahill, CEO of Douro Labs and a collaborator with the Commerce Department, stated that the entire administration had embraced that with the day’s announcement, they were now in a world where government data lived on blockchains, and market participants could participate in real time. 

Chainlink, a major partner associated with this new initiative, has also shared its enthusiasm through its official blog. Chainlink stated that they were excited to announce that Chainlink and the United States Department of Commerce (DOC) had worked together to bring U.S. government macroeconomic data on-chain from the Bureau of Economic Analysis (BEA). These new Chainlink Data Feeds securely deliver critical information around key U.S. economic data on-chain, including Real Gross Domestic Product (GDP), Personal Consumption Expenditures (PCE) Price Index, and Real Final Sales to Private Domestic Purchasers.