Today, Chainlink announced it’s working with the United States Department of Commerce (DOC) to bring U.S. government macroeconomic data onchain from the Bureau of Economic Analysis (BEA). These new Chainlink Data Feeds represent key metrics such as real gross domestic product (GDP), the Personal Consumption Expenditures (PCE) Price Index, and real final sales to private domestic purchasers.
As the standard for onchain finance, Chainlink secures over $93 billion across dozens of blockchains and hundreds of DeFi protocols such as Aave, Lido, Compound, and GMX. Many of the world’s largest financial institutions and market infrastructures such as Swift, Euroclear, Fidelity International, UBS, and ANZ are also integrating Chainlink to accelerate their adoption of blockchains and tokenized real-world assets.
Chainlink’s growing ecosystem of web3 and institutional users now has secure access to U.S. macroeconomic data via Chainlink Data Feeds – the first enterprise-grade solution for onchain data to receive an ISO 27001 certification and SOC 2 Type 1 attestation.
An official Chainlink blog post outlines innovative use cases unlocked by U.S. government data onchain including “automated trading strategies, increased composability of tokenized assets, the issuance of new types of digital assets, real-time prediction markets for crowdsourced intelligence, transparent dashboards powered by immutable data, and DeFi protocol risk management based on macroeconomic factors.”
These Data Feeds, updated monthly or quarterly as applicable, will initially be available across ten blockchains – Arbitrum, Avalanche, Base, Botanix, Ethereum, Linea, Mantle, Optimism, Sonic, and ZKsync – with support for additional networks to be incorporated according to user demand.
This milestone expands Chainlink’s ongoing work with the U.S. government to accelerate blockchain and digital asset adoption this year.
In May, the SEC published interpretive guidance on transfer agency compliance using public blockchain infrastructure based on technical recommendations submitted by Chainlink Labs across multiple in-depth briefings.
In July, Chainlink co-founder Sergey Nazarov was at the White House to witness the GENIUS Act, a landmark bill establishing the first federal guardrails for USD-pegged stablecoins, into law.
Chainlink Labs joined the SEC Crypto Task Force to help establish regulatory frameworks for compliant asset tokenization and Chainlink worked with Blockchain Association to launch Tokenized in America, a blockchain and digital asset scorecard ranking all 50 states to promote state-level adoption.
A recent White House Digital Asset Report highlights the vital role of Chainlink oracles in advancing U.S. stablecoin and tokenized real-world asset innovation. The report underscores a growing consensus that secure and reliable oracle infrastructure is essential to building a global onchain financial system.