The United States government has taken a groundbreaking step by partnering with blockchain oracle providers Chainlink and Pyth to publish official economic data onchain. The initiative, part of the Trump administration’s push for greater transparency in government spending, could position the US as a global leader in crypto innovation.

According to Chainlink, it will deliver data feeds sourced from the Bureau of Economic Analysis (BEA). These will include critical indicators such as real gross domestic product (GDP), the personal consumption expenditures (PCE) price index, and real final sales to private domestic purchasers. The company confirmed that additional feeds may be added based on public demand or direct requests from the government.

Meanwhile, the Department of Commerce has also enlisted Pyth to publish GDP figures, making the total yearly economic output of the US available directly on blockchain networks. Officials say the move is designed to increase accountability while opening new use cases for crypto markets.

Industry experts note that publishing economic data onchain could unlock powerful applications across finance and decentralized markets. Automated trading strategies, real-time prediction markets, and advanced risk management tools for DeFi protocols stand to benefit from immediate access to trusted government data. Stablecoins, tokenized government bonds, and other real-world assets may also gain stronger credibility through transparent data feeds.

The news has already sent ripples through crypto markets. Pyth’s token surged nearly 70% following the announcement, while Chainlink’s LINK token initially gained over 3% before stabilizing around $25. LINK has climbed more than 60% since early August, strengthening its position as a leading blockchain infrastructure provider.

Similar proposals to publish government spending and economic figures onchain are now being discussed in the Philippines, the United Kingdom, and El Salvador, suggesting this shift could soon become a global trend.