Navigate Select ESC Close

US Gov Chooses LINK & PYTH for Data On-Chain – What’s Next?

2025-09-07 Education
36.0k
1.7k
87
Coin Bureau
Coin Bureau
2.7m subscribers

US Government Begins Publishing Key Economic Data Onchain: Adoption Drivers and Risks

Discover how the US government is publishing key economic metrics on public blockchains and why this unprecedented move signals massive adoption potential for crypto, despite initial market silence.

Short Summary

  • Historic utility demonstration selected the Fed's preferred inflation measure (PCE) alongside GDP data.
  • The initiative prioritizes transparency and immutability, counteracting skepticism surrounding official economic figures.
  • Chainlink and Pyth are currently verifying data across 17 named blockchains, opening new DeFi possibilities.

This analysis details the mechanism behind the US Commerce Department’s decision to move economic data onchain, initiated by Secretary Howard Lutnik. We examine which initial data sets were chosen, the specific oracle networks and blockchains involved, and the minimal resulting market impact. Understand the three core reasons driving this long-term adoption strategy and the serious systemic risks creators must consider.

Unlock all features

FREE: Get instant access to 10 AI summaries, chats, or transcripts per day.

Description

Recently, the US Government made a historic announcement. That’s because, for the first time ever, the Commerce Department is adding key economic data to a number of public blockchains. What’s more is that other departments will also be adding their own data sets in the future. Put differently, the US government is slowly moving onchain, and this should have been insanely bullish for crypto. So far though, there’s been next to no movement in the charts. This is bizarre, because this initiative sets the stage for rapidly increased adoption of the crypto industry. That’s why today, we’re diving deep into the recent moves, telling you what was announced, what comes next, and even what could happen if it all goes wrong. This is a video you do not want to miss. ~~~~~ 🛒 Get The Hottest Crypto Deals 👉 https://www.coinbureau.com/deals/ ♣️ Join The Coin Bureau Club 👉 https://hub.coinbureau.com/ 💥 Coin Bureau Discord 👉 https://go.coinbureau.com/cb-discord 📲 Insider Info in our Socials 👉 https://www.coinbureau.com/socials/ 👕 Best Crypto Merch 👉 https://store.coinbureau.com 🔥 TOP Crypto TIPS In our Newsletter 👉 https://www.coinbureau.com/newsletters/ ⭐ More Coin Bureau Channel 👉 https://www.youtube.com/@morecoinbureau 📈 Coin Bureau Trading Channel 👉 https://www.youtube.com/@CoinBureauTrading ~~~~~ 🔥OUR BRAND PARTNERS🔥 📈Bitget upto 50K USDT Deposit Bonus & GetAgent Plus Trial (Exclusive AI-powered Trading Assistant) 👉 https://go.coinbureau.com/bitget-getagent 🔒Get 10% Off Your Tangem Wallet 👉 https://go.coinbureau.com/tangem10 ~~~~~ 📺Essential Videos📺 Made In USA Cryptos 👉 https://youtu.be/TYHboBssgsc?si=bL-6QiaodoCBP6X4 Chainlink Review 👉 https://youtu.be/cdFReZdVy4M Trump Insider Crypto Holdings 👉 https://youtu.be/qclEBBniVVY ~~~~~ ⛓️ 🔗 Useful Links 🔗 ⛓️ ► Announcement (2:11:55): https://www.youtube.com/live/cbEPqUdelFo?si=9Qea1astrFBBT9NN&t=7915 ► Government Uploads Economic Data: https://www.theblock.co/post/368631/us-government-data-public-blockchains ► Government Taps Chainlink and Pyth: https://cointelegraph.com/news/us-government-chainlink-pyth-economic-data-onchain ~~~~~ ~ TIMESTAMPS ~ 0:00 Intro 1:05 Commerce Department’s Recent Announcement 5:17 Which Cryptos Have Been Selected? 8:37 Demand Driver, or Nothing Burger? 12:04 Next Steps 14:47 What Could Go Wrong ~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. #chainlink #pythnetwork #usa

Top Comments (10)

@btc9481 2025-09-08

Link $100 and Pyth $5 by end of 2025❤❤❤❤

23 1 replies
@MyTube4Utoo 2025-09-07

I've been holding LINK for a very long time, and I've done extremely well. However, I still believe it will eventually go many times higher than where it is now.

14 3 replies
@mrmustang6977 2025-09-08

Pyth to the moon!

7
@Dylan-s4b3j 2025-09-11

Pyth gonna break all time high end of Q1 next year. Come back to this when I'm right

5 5 replies
@solmarg3796 2025-09-08

If Link hit 120 Pyth to $3 easy load your bags too easy.... 🚀

5
@myusmc 2025-09-07

Wonderfully informative as usual!

5
@CoinBureau 2025-09-07

🤑EXCLUSIVE Deals (Bonuses, Discounts, Giveaways) 👉 https://www.coinbureau.com/deals/ 📈Bitget upto 50K USDT Deposit Bonus & GetAgent Plus Trial (Exclusive AI-powered Trading Assistant ) 👉 https://go.coinbureau.com/bitget-getagent 🔒Get 10% Off Your Tangem Wallet 👉 https://go.coinbureau.com/tangem10

3
@JamesMeharg-e1x 2025-09-07

no u.s exchange deals again, despite us being the highest viewers, awesome

3
@andygreensmoke 2025-09-07

Nice video

2
@crappytech2025 2025-09-08

Brilliant video Nick 👍🏻

0

Unlock the Data Inside
Turn Videos into Knowledge

  • Get FREE 10/day: transcripts, summaries, chats
  • Chat with videos, export text & PDF
  • $1 free API credit for RAG, chatbots & research

Free forever plan • All features unlocked

App screenshot