Chainlink Partners with US Government to Deliver Economic Data, Driving Price Surge

Decentralized oracle service provider Chainlink (LINK) has been making headlines lately, and this latest partnership is fueling a significant price rebound. The company announced it will provide macroeconomic data on-chain via its new feeds for the United States Department of Commerce. This move brings valuable economic information to the blockchain ecosystem. Chainlink’s integration of Bureau of Economic Analysis (BEA) data opens doors for more sophisticated trading strategies and DeFi risk management, as this data can now be readily incorporated into real-world applications.