blockworks.co
Chainlink has launched a new set of data feeds that deliver official U.S. Department of Commerce macroeconomic statistics directly to blockchains, the company announced on Thursday.
The initiative makes government-released indicators such as gross domestic product (GDP), consumer spending, and trade balances available on-chain through Chainlink’s oracle network. Developers can now integrate these metrics into smart contracts and decentralized finance (DeFi) applications without relying on off-chain intermediaries.
The integration builds on Chainlink’s broader role as a provider of verifiable data feeds, which already support functions ranging from token price updates to weather insurance claims. By extending this framework to US government economic data, Chainlink positions itself as a bridge between public institutions and blockchain ecosystems.
The company said the feeds are secured by the same decentralized oracle infrastructure that underpins its widely used price feeds, which are integrated into protocols across Ethereum, Solana, and other chains.
Official macroeconomic indicators could be used to trigger automated adjustments in algorithmic stablecoins, benchmark lending protocols against inflation, or inform decentralized governance decisions. However, the adoption of such feeds carries risks, including potential disputes over data interpretation and reliance on timely updates.
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