The U.S. Commerce Department started publishing GDP data on-chain, with Bitcoin, Ethereum, and Solana .
The other blockchains are TRON, Stellar, Avalanche, Arbitrum, Polygon & Optimism, with distribution via Pyth and Chainlink.
Notably, XRP Ledger is the only major network left out, as of the latest update.
The official figures will be secured by a cryptographic hash to ensure integrity, as per the reports.
Officials stated that the project is not intended to replace the existing GDP releases, but rather to create an additional way to verify things in real-time using blockchain.
The Commerce Department hopes that anchoring data on nine blockchains will improve transparency and provide a U.S. government stamp of approval for a technology that has evolved far beyond its crypto origins.
Officials state the blockchain is:
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not a replacement
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additional verification
Interestingly, today, Coinbase announced that they are an infrastructure partner of the Department of Commerce on this project.
"This entire administration has embraced this,"Mike Cahill, CEO of Douro Labs told Bloomberg, who has been working with the department for two months on the rollout.
"With today's announcement we are now in a world where government data lives on blockchains, and market participants can participate in real time."
Blockchain integration in federal operations
The push is being led by Commerce Secretary Howard Lutnick, an avid blockchain advocate who earlier proposed changes to how GDP is calculated, including the exclusion of government spending.
Lutnick teased the blockchain pivot during a recent cabinet meeting, telling President Donald Trump that the plan was proceeding as Trump is "the crypto president."
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Interestingly, Trump's family has also significantly expanded its cryptocurrency empire, with ventures ranging from Bitcoin mining to stablecoin issuance.
Related: What is Crypto? Cryptocurrency explained
The rollout is part of the White House's larger attempt to integrate blockchain into federal systems.
The Department of Government Efficiency, led by Elon Musk, also investigated using blockchain to reduce costs and increase transparency, while agencies such as the California DMV and Homeland Security have already tested blockchain applications ranging from digital car titles to airport screening.
This story was originally reported by TheStreet on Aug 28, 2025, where it first appeared in the Policy section. Add TheStreet as a Preferred Source by clicking here.
