10x opportunity? The US Department of Commerce selects $LINK to bring key data like GDP and PCE on-chain!
Chainlink is bringing real US macroeconomic data on-chain, including GDP, Personal Consumption Expenditures Index (PCE), and final private purchase sales data. The data covers ten chains including Ethereum, Arbitrum, Avalanche, and is updated monthly or quarterly.
This means that DeFi risk control, prediction markets, and automated trading can directly utilize official data, greatly enhancing market transparency. Psychologically, official endorsement significantly boosts trust in the project.
From tools to upgrades in national-level infrastructure, the 10x opportunity has logically emerged.