U.S. Embraces Blockchain for GDP Reporting

On August 28, 2025, the U.S. Department of Commerce published gross domestic product (GDP) data on nine public blockchains, including Bitcoin, Ethereum, and Solana, marking a significant step towards blockchain adoption in federal economic reporting. This historic move, initiated under President Trump’s administration, aims to enhance transparency and access to critical economic information while positioning the U.S. as a global leader in cryptocurrency adoption. The initiative complements traditional data release methods and has generated excitement within the crypto industry but also raised concerns about its practical benefits amidst uncertainty over economic data reliability.