US Commerce Department Adopts Chainlink for On-Chain Economic Data Plan
Chainlink partnered with the US Division of Commerce to place macroeconomic information on the blockchain. Secretary Howard Lutnick teased this plan earlier this week, and it’s already in movement.
Apparently, a number of different blockchains are additionally included on this program, however studies range as to what number of or which of them are taking part. To date, LINK is the one related token to spike in worth.
Chainlink to Host US Financial Information
When Commerce Secretary Howard Lutnick announced his intention to place US macroeconomic information on the blockchain, it drew numerous skepticism. Why do that, and the way will the Division of Commerce carry it out?
Right now, nevertheless, Chainlink’s announcement that it partnered with the US drew numerous consideration.
Because of this partnership, Chainlink will encode vital US macroeconomic information on the blockchain. This consists of figures just like the Actual GDP, PCE Value Index, and Actual Ultimate Gross sales to Non-public Home Purchasers.
Such an integration may allow new area of interest makes use of for blockchain markets.
Chainlink, the blockchain infrastructure firm, has been putting a priority on US regulatory compliance these days. The agency is riding high on ambitious partnerships, and its LINK token received the assist of a brand new DAT immediately. Amongst all these components, Chainlink’s partnership announcement prompted its token worth to rally.
Who’s In The Blockchain Bonanza?
Nevertheless, Chainlink isn’t the one agency that may accomplice with the US. Though its early announcement led LINK-centric hype to go viral, different chains have demonstrated the ability to encode US monetary information.
It rapidly turned obvious that this partnership extends to a number of open supply blockchains:
US Commerce Division Begins Distributing GDP Information on Open-Supply Blockchains Together with Bitcoin, Ethereum & Solana.
Initially focusing on 9 Blockchains per Bloomberg Report pic.twitter.com/O6SfYKJft8
— matthew sigel, recovering CFA (@matthew_sigel) August 28, 2025
The complete listing of blockchains partnering with the US isn’t fairly clear but; Bloomberg reported 9 individuals, together with BTC and SOL, whereas Chainlink mentioned ten—a listing that doesn’t embody both of these. Because of this confusion, not one of the different associated tokens has risen fairly like LINK has.
Nonetheless, this blockchain bonanza begs an vital query: why is the US partnering with all these companies in addition to Chainlink? If this financial information is encoded on one open-source blockchain, will ten actually make a distinction? How does this scattershot strategy add worth?
Some analysts have developed an attention-grabbing theory. Trump’s administration has begun firing officers who report bearish macroeconomic data.
It might quickly orchestrate a takeover on the Federal Reserve. In different phrases, upcoming financial studies might lose numerous their credibility, particularly amongst worldwide buyers.
If the markets categorical skepticism that future US information is compromised, this blockchain technique is likely to be an try to rebuild some belief.
The Trump Administration may declare that blockchain’s clear infrastructure can guarantee credibility for this information. As of now, that is only a concept. We’ll want to watch the scenario because it develops and see how markets react.
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