Pyth Network × U.S. Department of Commerce: A Milestone in On-Chain Economic Data

Pyth Network announces that it has been selected by the U.S. Department of Commerce for the verification and distribution of on-chain economic data. The first phase will bring the quarterly GDP data from the past five years on-chain, and will expand to a broader range of economic indicators in the future.

What does this mean?

1️⃣ Traditional authoritative data × Decentralized verification: Official economic data enters the on-chain world, transparent and traceable.

2️⃣ From one-time to long-term strategy: This is not just a data release, but the beginning of ongoing collaboration.

3️⃣ New infrastructure narrative: On-chain economic data could potentially become an important underlying support for DeFi, RWA, and macro prediction markets.

As institutions, stablecoins, and macro capital flows become increasingly active, Pyth is opening a new imaginative space: how the on-chain world can connect more deeply with the real economy. #美国宏观经济数据上链