🇺🇸 THE U.S. GOVERNMENT IS PUTTING ECONOMIC DATA ON THE BLOCKCHAIN WITH CHAINLINK AND PYTH 🔹 The U.S. government is putting economic data on the blockchain to increase transparency in spending and support the crypto market. This is part of President Trump's plan to make the U.S. the "world capital" of crypto. 🔹 Chainlink will publish official data from the Bureau of Economic Analysis (BEA). — Including GDP, PCE price index, and other important indicators — Additional data can be added if the government or users request it 🔹 The U.S. Department of Commerce has also chosen Pyth to provide GDP data. 🔹 This could help: — Traders build automated strategies that respond to real-time economic data — Create a prediction market around major economic events — DeFi protocols can use this data to manage risk — Support stablecoins, tokenized bonds, RWAs, and futures contracts to operate more efficiently 🔹 Chainlink and Pyth are blockchain services known as oracles. Oracles connect real-world data (such as economic statistics, stock prices, weather...) to the blockchain so that smart contracts can utilize it.