TLDR Crypto · MARKETS & BUSINESS
US GOVERNMENT PUBLISHES MACROECONOMIC DATA ONCHAIN
Summary from the TLDR Crypto newsletter
The U.S. Commerce Department has begun distributing key macroeconomic data on public blockchains in partnership with Chainlink and Pyth, starting with GDP and inflation indicators anchored to Bitcoin, Ethereum, Solana, Base, Avalanche, Arbitrum, and Optimism, opening new use cases for DeFi, prediction markets, and tokenized assets. The data is hashed onchain to ensure integrity. Secretary Howard Lutnick says the move makes “America's economic truth immutable and globally accessible,” highlighting 3.3% GDP growth as the first data point published.