Chainlink (LINK) has teamed up with the U.S. Department of Commerce to bring official government economic data onto the blockchain. This means trusted statistics like GDP and inflation from the Bureau of Economic Analysis (BEA) are now available directly on-chain for developers and decentralized applications (dApps) to use.

The new Chainlink Data Feeds provide six key macroeconomic indicators. These include real GDP numbers, quarter-over-quarter GDP growth, the Personal Consumption Expenditures (PCE) Price Index, and Real Final Sales to Private Domestic Purchasers. These are some of the most widely used stats for understanding the health of the U.S. economy.

These data feeds are live on ten major blockchains, including Ethereum, Arbitrum, Avalanche, Base, and Optimism. More networks will be added in the future. Developers can start using this data right away through Chainlink’s official tools and documentation.

By making government economic data available on-chain, developers and financial institutions can create smarter decentralized finance (DeFi) products. This includes things like automated trading bots, real-time prediction markets, tokenized assets, and tools for managing financial risk—all powered by real-world data.

This move is a big deal because it shows the U.S. government is starting to embrace blockchain technology in a meaningful way. Chainlink has already been working closely with regulators, including the SEC Crypto Task Force, and contributing to discussions around stablecoin rules. A recent White House report even named Chainlink’s oracle technology as a key part of the future of digital assets.

Chainlink co-founder Sergey Nazarov called this a major step forward, saying it proves the U.S. government is serious about leading in blockchain innovation.

The BEA data will be updated monthly or quarterly, depending on the metric, ensuring accuracy and reliability for both traditional institutions and Web3 developers. This partnership is a big win for transparency and marks a major milestone in bringing real-world economic data to blockchain ecosystems.

Keywords: Chainlink, blockchain data feeds, BEA metrics, GDP on-chain, inflation data blockchain, DeFi with government data, Ethereum data feeds, U.S. Department of Commerce blockchain partnership, macroeconomic statistics Web3.