# U.S. Commerce Department Posts GDP Data Onchain Source: https://ethdaily.io/772 Kiwi News: https://news.kiwistand.com/stories/US-Commerce-Department-Posts-GDP-Data-Onchain?index=0x68b1a7549c4a4f96e9301601c9666a0b41c92eb50d7a69ef056c83e57dbf5e51c94c4598 Submitted by pedrovilela.eth on 2025-08-29 UTC, 1 upvote, 0 comments ## Summary The U.S. Department of Commerce published Q2 2025 GDP data on nine blockchains, including Ethereum, Arbitrum One, Polygon PoS, and Optimism, marking the first time a U.S. federal agency has published official economic data onchain. The Department published a SHA256 hash of the GDP release and its topline figure, using Pyth and Chainlink oracles, with Coinbase, Gemini, and Kraken supporting execution. Chainlink also made six key macroeconomic metrics from the Bureau of Economic Analysis available onchain, to be updated monthly or quarterly. ## Article news - August 29, 2025 The U.S. Department of Commerce published Q2 2025 GDP data on nine blockchains, leveraging Pyth and Chainlink oracles. U.S. posts GDP data onchain. Safe introduces ERC-7955. ECF introduces Burned ETH. BitMine buys 78,791 ETH. The U.S. Department of Commerce published Q2 2025 GDP data on nine blockchains, including Ethereum, Arbitrum One, Polygon PoS, and Optimism, marking the first time a U.S. federal agency has published official economic data onchain. The Department published a SHA256 hash of the GDP release and its topline figure leveraging Pyth and Chainlink oracles. Centralized exchanges Coinbase, Gemini, and Kraken supported the execution, with Kraken onboarding the Department as a client and facilitating the transactions. Chainlink also made six key macroeconomic metrics from the Bureau of Economic Analysis (BEA) available onchain, which will be updated monthly or quarterly. Safe introduced ERC-7955, a new standard for deploying a universal CREATE2 factory at a fixed address on any EVM-compatible chain. It enables deterministic, permissionless Safe contract deployments without relying on private keys or sealed transactions, making deployments permissionless and recoverable, allowing failed deployments to be retried. The standard removes reliance on the Safe team for deploying Safe smart contracts on new chains. Safe also released a web-based deployment tool to simplify the deployment process. ERC-7955 can act as a drop-in replacement for both the Safe Singleton Factory and Nick Johnson’s CREATE2 deployment proxy. The Ethereum Community Foundation introduced Burned ETH (BETH), an ERC-20 token representing provably burned ETH. When ETH is sent to the BETH smart contract, it is immediately forwarded to a burn address, permanently removing it from circulation. The contract then mints an equal amount of BETH tokens, maintaining a 1:1 correspondence with the burned ETH. By tokenizing proof of burn, BETH builds on Ethereum’s EIP-1559 burn mechanism and makes burned ETH verifiable, unlocking use cases for new DeFi products. Ethereum Community Foundation is a new organization dedicated to funding Ethereum projects that aim to increase the price and utility of ETH. BitMine Immersion Technologies Inc. purchased an additional 78,791 ETH, bringing its treasury to 1.8 million ETH, worth over $8 billion. BitMine also appointed David Sharbutt to its Board of Directors. Sharbutt previously served as a board member for the American Tower Corporation. BitMine remains the largest corporate holder of ETH. ACDE #219 highlights Stablecoin supply hits ATH Euler hits $3b TVL PrivacyPools hits 1k ETH deposits Early days of ETH updates BTCS stakes on Rocket Pool Biconomy Supertransaction API Beaconchain Dashboard v2 Soneium introduces Soneium score Gelato supports ArbOS 40 Blobstream migrates Succinct Chainlink Reserve adds 42k LINK Fusaka audit starts Sept. 15 Meet Mark Mackey Gas usage over time Redstone integrates Redstone CFTC pathway for offshore Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.