⚡️The US Department of Commerce has joined Pyth Network to bring GDP and other key economic data onchain. This will allow for the delivery of official government data in a secure and transparent manner directly to blockchain applications.
📊 Market Impact
• Bullish for Pyth Network → Strengthens its role as an institutional oracle provider for macroeconomic data.
• Positive for crypto as a whole → Bringing government data onchain could increase the integration between DeFi and TradFi and open up new opportunities for large institutions
421.582 SRY