Key Takeaways
- Commerce Secretary Howard Lutnick announced plans to publish GDP data on the blockchain, marking the first major step toward integrating decentralized technology into federal economic reporting.
- The initiative reflects the Trump administration’s broader pro-blockchain stance, with the Commerce Department taking the lead under the Deploying American Blockchains Act of 2025.
- No timeline or blockchain platform has been specified, though the department confirmed additional datasets may follow once implementation details are finalized.
The U.S. Commerce Department said on Tuesday it will begin publishing key economic data on a blockchain, describing the move as an early step toward expanding the technology’s use in federal data distribution.
Speaking during a White House cabinet meeting on Tuesday, Commerce Secretary Howard Lutnick said the initiative will begin with gross domestic product (GDP) data, telling President Donald Trump and fellow cabinet members:
“The Department of Commerce is going to start issuing its statistics on the blockchain, because you are the crypto president, and we are going to put our GDP on the blockchain so people can use it for data and distribution.”
Lutnick added that once the initial phase is complete, other economic indicators could be incorporated, though he noted the department is still “ironing out all of the details” regarding implementation.
Trump’s Blockchain Vision Takes Shape
The announcement aligns with a wider digital policy push under President Trump’s administration, which has supported blockchain adoption across multiple sectors, with the Commerce Department positioned as the lead agency under the recently enacted Deploying American Blockchains Act of 2025.
Since returning to office, Trump has made clear his ambition to position the United States as a global leader in the Web3 space. His administration’s first major step came with Executive Order 14178, which dismantled the previous administration’s digital asset framework and formally rejected the development of a central bank digital currency.
Instead, the White House endorsed open blockchain networks, the right to self-custody, and the classification of cryptocurrencies as strategic financial instruments.
Soon after, the administration created a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, housed within the Treasury Department. The reserve, built largely from seized assets, was described by officials as a sovereign digital vault aimed at strengthening the country’s financial positioning in the blockchain era.
Regulatory agencies have also seen a policy overhaul. Under Trump’s direction, the Securities and Exchange Commission established a dedicated Crypto Task Force and halted several enforcement actions against major firms, including Coinbase and Ripple.
On the legislative front, Trump signed the bipartisan GENIUS Act into law in July, creating the first comprehensive federal framework for stablecoins and introducing mandatory reserve requirements, independent audits, and consumer safeguards.
Together, these actions reflect a clear strategy to integrate blockchain into the fabric of U.S. economic policy. By embedding transparency at the data level and promoting a crypto-forward regulatory landscape, the administration is signaling its intent to position the United States as a foundational player in the global digital economy.
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