U.S. government puts GDP Data on Bitcoin, Ethereum, Solana, TRON

The U.S. government used public blockchains to distribute GDP data.

Quick overview

  • The U.S. government is using public blockchains to distribute GDP data, marking a new approach to releasing economic information.
  • The Commerce Department announced the official hash of its quarterly GDP data release for 2025 on nine different blockchains.
  • This initiative reflects a broader endorsement of blockchain technology for significant economic data, despite recent controversies surrounding job growth statistics.
  • Commerce Secretary Howard Lutnick indicated a desire to change GDP reporting methods to help reduce government spending.

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The U.S. government used public blockchains to distribute GDP data. Commerce Department officials stated that this move will create a new way to release economic data, not replace existing methods. The department announced on nine blockchains—Bitcoin, Ethereum, Solana, TRON, Stellar, Avalanche, Arbitrum One, Polygon PoS, and Optimism—the ‘official hash of its quarterly GDP data release for 2025,’ and in some cases, the topline GDP figure, in a press release.

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This endorsement of blockchain technology, originating from cryptocurrency but now used for trading stocks, money-market funds, and more, reflects the Commerce Department’s decision to leverage it for some of its most significant and market-sensitive economic data.

This development comes weeks after Trump dismissed the head of the Bureau of Labor Statistics following an agency report that showed slower job growth in recent months than previously estimated. The president suggested, without proof, that the figures were manipulated for political reasons. According to Commerce Department officials, the blockchain project is unrelated to the BLS’s dismissal.

Commerce Secretary Howard Lutnick also hinted that he aimed to change how GDP is reported to reduce government spending. The Bureau of Economic Analysis, part of the Commerce Department, is responsible for releasing these figures.

ABOUT THE AUTHOR See More
Olumide Adesina
Financial Market Writer
Olumide Adesina is a French-born Nigerian financial writer. He tracks the financial markets with over 15 years of working experience in investment trading.

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