🌊🌊🌊 The Trump administration is expected to enable the recording and utilization of economic data on the blockchain?!?! There was quite a big news last night. It’s that the Trump administration plans to upload six major economic data points, including GDP and PCE, onto the blockchain. ☑️ Which chain? Through which project? Basically, the data itself is expected to be uploaded via Chainlink and Pyth. The chains that are set to onboard include Arbitrum, Avalanche, Base, Botanic, Ethereum, Linea, Mantle, Optimism, Sonic, and zkSync. ☑️ Why is this significant??? This is quite significant because, through the official economic data indicators of the United States, numerous financial assets can emerge, whether in prediction markets, DeFi, or derivatives!! Derivatives that exist in traditional finance based on various economic indicators can now all emerge through the official data of the United States! ✍️ Personally, I see this as very meaningful news. It feels like the U.S. is announcing, "The public blockchain derivatives market, RWA, we’re going to take it all." Well, to be honest, these derivatives won’t come out in the short term, but the fact that the U.S. is officially providing this data at an infrastructure level and stating that it will be recorded immutably on the blockchain opens up completely new opportunities in the RWA and financial derivatives space. If we look at it from the perspective of beneficiaries, the financial data-based prediction market + derivatives market + the chains providing this, Chainlink and Pyth, are the biggest beneficiaries. It might be important for the chains to consider what they will create based on this data. #Trump #FinancialData #Blockchain
US government begins distributing key macroeconomic data on public blockchains, including Bitcoin, Ethereum, and Solana
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