Chainlink has made six official U.S. economic data feeds covering GDP, inflation, and private domestic demand available across 10 public blockchain networks. Chainlink said the U.S.
The US Commerce Department has partnered with Chainlink to bring official government economic statistics directly to public blockchains, expanding access to trusted GDP and inflation data for decentralized applications. Under the initiative, economic data from the Bureau of Economic Analysis (BEA) will be distributed through Chainlink Data Feeds.
This collaboration could enhance transparency and trust in economic data, potentially transforming how financial markets and DeFi ecosystems operate. Chainlink partners with US Department of Commerce to bring macroeconomic data onchain.
This collaboration could accelerate blockchain adoption by integrating reliable economic data, potentially transforming smart contract applications. US Commerce Department partners with Chainlink for onchain economic data.
Chainlink's consistent integration growth signals increased institutional trust and potential demand for its services, impacting LINK's market dynamics. Chainlink records 9 integrations across 5 services and chains in latest weekly push.
The RWA market is getting hard to ignore. Excluding stablecoins, tokenized real-world assets have expanded 18.1 times in three years to $44.6 million, with institutional demand for yield-bearing products doing much of the heavy lifting.
Lighter expanded its Chainlink oracle coverage from an initial 25 markets to over 100 active trading pairs. The infrastructure powers perpetual contracts for U.S. equities, APAC equities, commodities, foreign exchange (FX), and cryptocurrencies. The decentralized exchange operates on an application-specific zk-rollup on Ethereum and reports a cumulative volume of $1.7 trillion.
The expanded Chainlink integration enhances Lighter's security and scalability, potentially reshaping DeFi's approach to RWA derivatives. Lighter expands Chainlink integration to enhance oracle security across 125+ markets.
LINK holds $11 support with a bullish pennant targeting $15, as Charles Schwab plans to add the token to its crypto platform.
Schwab's crypto expansion reflects growing mainstream acceptance, potentially influencing broader financial market integration and innovation. Charles Schwab adds LINK, SOL, and AVAX to its Schwab Crypto platform.
The integration enhances cross-platform asset liquidity and accessibility, potentially transforming retail crypto and equity trading dynamics. Chainlink powers Coinbase's cbBTC expansion to Robinhood Chain.
Chainlink now offers price feeds for four Coinbase tokenized stocks on Base, enabling DeFi lending against them.