US Commerce Department to Release Blockchain-Based Economic Statistics

The U.S. Department of Commerce will publish key economic statistics, including GDP and PCE price indices, on public blockchains such as Bitcoin, Ethereum, and Solana starting in July 2025. The data will be provided by decentralized oracles Chainlink and Pyth, showcasing growing government adoption of blockchain technology for transparency and security. Following the announcement, Pyth's token saw a significant surge, while other blockchain tokens had little market impact.

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