Chainlink Is Now the Official Pipeline for US Government Economic Data On-Chain
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- The U.S. Department of Commerce now broadcasts official BEA economic data directly onto the blockchain
- Chainlink delivers these metrics, including GDP and inflation, to ten networks like Ethereum and Base
- This move enables automated trading and advanced DeFi risk management based on verifiable gov’t data
The decentralized oracle network Chainlink and the United States Department of Commerce (DOC) have collaborated to bring US government macroeconomic data onchain from the Bureau of Economic Analysis (BEA).
This integration hardwires the U.S. economy’s core metrics into the rails of the digital asset market.
What Economic Metrics Are Now On-Chain?
The new Chainlink data feeds stream critical U.S. economic vital signs. The initial release includes the level and percentage change for Real Gross Domestic Product (GDP), the Personal Consumption Expenditures (PCE) Price Index, and Real Final Sales to Private Domestic Purchasers. This creates a direct, verifiable pipeline of data on economic growth, inflation, and domestic demand.
Related: Ripple’s RLUSD Becomes Key Collateral in Aave’s New RWA Market, Powered by Chainlink
This integration moves b…
The post Chainlink Is Now the Official Pipeline for US Government Economic Data On-Chain appeared first on Coin Edition.
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