The U.S. may soon begin publishing key economic statistics on the blockchain, according to Commerce Secretary Howard Lutnick.
Speaking at a White House cabinet meeting on Aug. 26, where President Donald Trump and other senior officials were present, Lutnick announced that the Department of Commerce will start releasing its data through blockchain technology.
“Because you are the crypto president […] we are going to put our GDP on the blockchain so people can use it for data and distribution,” he said.
While Lutnick did not specify which blockchain would be used, options under consideration may include U.S.-developed platforms such as Solana, created by Solana Labs, or Ripple’s XRP Ledger, developed by San Francisco–based Ripple Labs. Other domestic projects, including Aptos—which was selected earlier this year for Wyoming’s Stable Token pilot program—could also be in the running.
The initiative will begin with GDP figures, with additional economic indicators to follow. Ultimately, the data is expected to be made accessible across the federal government, Lutnick added.
What is the reason behind the U.S. Department of Commerce publishing economic data on the blockchain?
The U.S. Department of Commerce plans to publish economic data on the blockchain to enhance transparency, security, and accessibility. While datasets such as GDP estimates and census information are already public, putting them on-chain would ensure immutability, allow for easier auditing, and enable faster distribution across networks.
Commerce Secretary Howard Lutnick emphasized that the move aligns closely with President Trump’s broader pro-crypto agenda.
The Trump administration has previously explored the use of blockchain in other areas of government. Earlier this year, a leaked memo revealed that lawmakers were considering a restructuring of the U.S. Agency for International Development (USAID), including the introduction of a blockchain-based procurement system.
Even Elon Musk, before his fallout with Trump, had suggested applying blockchain to certain federal operations.
Globally, governments in regions such as the European Union, India, Estonia, Georgia, and Sweden have already tested blockchain technology in public administration.
Although no official timeline has been announced, Lutnick noted that the initiative is being developed in coordination with the White House’s top crypto adviser, David Sacks, and will move forward once the Department of Commerce finalizes the details.
