US Commerce Dept Partners with Chainlink to Bring Macro Data Onchain, Boosting Crypto Adoption

The U.S. Commerce Department has partnered with Chainlink to bring macroeconomic data from the Bureau of Economic Analysis onchain. The data, including GDP, PCE Price Index, and Real Final Sales to Private Domestic Purchasers, is now available across ten blockchain systems. This marks the first time U.S. government economic data has been published onchain in a verifiable way. The collaboration builds on Chainlink's growing engagement with U.S. regulators and policymakers, highlighting the company's role as critical infrastructure powering stablecoins, tokenized funds, and other digital assets.

The U.S. Commerce Department has partnered with Chainlink to bring macroeconomic data from the Bureau of Economic Analysis (BEA) onchain. This collaboration marks a significant milestone in the integration of real-world economic data into decentralized markets. The data, which includes key indicators such as Real Gross Domestic Product (GDP), the Personal Consumption Expenditures (PCE) Price Index, and Real Final Sales to Private Domestic Purchasers, is now available across ten blockchain systems.

This initiative is the first time U.S. government economic data has been published onchain in a verifiable manner. The move is part of Chainlink's growing engagement with U.S. regulators and policymakers, which has included participating in meetings with the SEC to address broker-dealer and transfer agency compliance and working with the SEC Crypto Task Force. Chainlink's leadership has also been active in discussions with U.S. lawmakers on crypto market structure legislation.

The collaboration between the Commerce Department and Chainlink aims to enable innovations that merge public transparency with financial automation. Developers and institutions now have trusted access to U.S. government economic data, unlocking use cases such as automated trading strategies, composable tokenized assets, prediction markets, and risk management tools for DeFi protocols.

Chainlink's Data Feeds, which secure tens of billions of dollars in total value locked (TVL) and are relied upon by top protocols such as Aave, Lido, Compound, and GMX, are ISO 27001 certified and SOC 2 Type 1 attested. These feeds are powered by the Onchain Data Protocol (ODP), which serves as a cornerstone of the broader Chainlink platform, making them a trusted bridge between public institutions and blockchain applications.

The integration of real-world economic data into blockchain systems represents a milestone moment in the maturing relationship between digital assets and traditional financial systems. By connecting BEA's macroeconomic indicators directly to decentralized markets, the Department of Commerce and Chainlink are charting a new course for blockchain adoption.

References:
[1] https://cryptonews.com/news/u-s-commerce-dept-partners-with-chainlink-to-bring-macro-data-onchain-crypto-adoption-rising/
[2] https://investorempires.com/3-billion-anchorage-digital-launches-venture-arm-to-back-early-onchain-protocols/