Chainlink brings US economic data to 10 blockchains

Chainlink has made six official U.S. economic data feeds covering GDP, inflation, and private domestic demand available across 10 public blockchain networks.

Chainlink said the U.S. Department of Commerce is using its oracle infrastructure to distribute macroeconomic statistics produced by the Bureau of Economic Analysis, giving blockchain applications access to government figures without requiring developers to enter each release manually.

The program covers real gross domestic product, the Personal Consumption Expenditures Price Index, and Real Final Sales to Private Domestic Purchasers. Each indicator is available through two feeds: one reports the current level, while the other shows its quarter-over-quarter change at an annualized rate.

Data is initially available on Ethereum, Arbitrum, Avalanche, Base, Botanix, Linea, Mantle, Optimism, Sonic, and ZKsync. Chainlink said support for other networks can be added in response to user demand.

Although Chainlink drew fresh attention to the arrangement in a recent X post, the feeds were first announced in August 2025. The Commerce Department worked with both Chainlink and Pyth Network at the time, using the two oracle providers to place selected BEA data on public blockchains.

Chainlink feeds deliver six US economic measures

Real GDP measures the value of goods and services produced in the United States after adjusting for inflation. The level feed reports the figure in billions of chained 2017 dollars, while the second feed records the quarter-over-quarter percentage change at a seasonally adjusted annual rate.

The PCE Price Index tracks changes in the prices U.S. consumers pay for goods and services. The Federal Reserve uses PCE data as its preferred inflation measure when assessing progress toward its 2% target, making the releases closely watched by investors across stocks, bonds, currencies and digital assets.

Chainlink’s PCE feeds provide both the headline index level, with 2017 set as the base year, and the quarter-over-quarter annualized change. The BEA publishes monthly PCE estimates as part of its Personal Income and Outlays report, while quarterly readings also appear in the national economic accounts.

Real Final Sales to Private Domestic Purchasers, the third indicator, measures inflation-adjusted spending by consumers and private businesses. By excluding government spending, exports, and inventory changes, the figure provides a focused measure of private domestic demand, according to the BEA.

Its two feeds follow the same structure used for GDP: one reports the level in chained 2017 dollars, and the other gives the annualized quarterly rate of change. Chainlink updates the six feeds monthly or quarterly, depending on when the BEA releases the underlying figures.

Government data can support automated onchain products

Oracle networks connect blockchains with information created outside their systems. Smart contracts cannot retrieve government statistics on their own, so an oracle provides the data in a format that blockchain applications can read and use.

According to Chainlink, direct access to BEA figures could support inflation-linked digital assets, prediction markets, perpetual futures, and automated trading products. Developers may also use the feeds to build dashboards or adjust risk settings in decentralized finance protocols after a new economic report is published.

A prediction market, for example, could use an official feed to settle a contract tied to quarterly GDP growth. An inflation-linked product could reference the PCE Price Index, while a lending protocol could incorporate changes in private demand into a predefined risk model. Chainlink identified each of those areas as a possible use rather than a product already launched through the Commerce Department arrangement.

The data feeds do not release economic statistics earlier than the government’s usual publication channels. Updates follow the BEA schedule, meaning onchain users receive the same underlying figures released to the public through official reports.

Chainlink said its feed infrastructure has received ISO 27001 certification and a SOC 2 Type 1 attestation. Such credentials concern the controls and information-security processes supporting the service; they do not remove the need for individual applications to manage smart-contract, market, and data-integration risks.

Commerce Department previously placed GDP on nine networks

The Chainlink feeds form one part of the Commerce Department’s blockchain data program. In August 2025, the department separately published second-quarter U.S. GDP information across nine networks, including Bitcoin, Ethereum and Solana.

As previously covered on crypto.news, the agency published a cryptographic hash of its full report and the reported 3.3% annualized GDP growth rate. Coinbase, Gemini, and Kraken helped distribute the information, while Chainlink and Pyth supported other parts of the program.

Commerce Secretary Howard Lutnick described the initiative as a way to make U.S. economic information globally accessible and resistant to alteration.

“We are making America’s economic truth immutable and globally accessible like never before, cementing our role as the blockchain capital of the world.”

Publishing a hash on a blockchain differs from maintaining an oracle feed. A hash can help users confirm that a document has not changed, while a data feed places a specific value in a format that smart contracts can reference during automated transactions.

Chainlink expands feeds for tokenized financial assets

Chainlink has also extended its data infrastructure to tokenized stocks and other real-world assets. On Aug. 26, the company introduced price feeds for Coinbase-issued versions of Nvidia, Apple, Meta, and Alphabet shares on Base.

The NVDAc, AAPLc, METAc, and GOOGLc feeds allow lending applications to calculate collateral values, borrowing limits, loan health, and liquidation thresholds. Coinbase currently limits the underlying tokenized stock products to eligible non-U.S. investors, meaning the Chainlink integration does not make the assets available to U.S. users.

In an Aug. 10 research note, Standard Chartered set a $200 target for LINK by the end of 2030. Analyst Geoff Kendrick based the forecast partly on expected growth in tokenized assets and decentralized finance, projecting that assets held on blockchains could reach $4 trillion by the end of 2028. The estimate represents the bank’s forecast and is not guaranteed.

Coinbase’s initial Chainlink-supported stock feeds use total-return values that combine the underlying share price with information from the exchange’s onchain oracle registry. Supported assets are issued under Coinbase’s B20 token standard, with each token representing an interest in a U.S.-listed share held through the product’s custody structure.