US Commerce Department Chooses Pyth for Blockchain Data Analysis

The U.S. Department of Commerce has chosen Pyth Network to validate and distribute economic data on blockchain networks, a significant move with potential for impacting macroeconomic indicators across various platforms. This public-private partnership leverages blockchain technology to ensure greater transparency and market accessibility in the distribution of economic data. The initiative is led by Secretary Howard Lutnick and involves collaborations with several crypto assets, including Pyth token.