BNB Chain Adopts Chainlink Data Standard

Chainlink announced via X on Monday that BNB Chain, one of the world’s largest blockchain ecosystems, has adopted the Chainlink data standard to make official U.S. Department of Commerce data available onchain.

Sourced from the Bureau of Economic Analysis, Chainlink Price Feeds deliver key government macroeconomic data points such as GDP, the PCE Price Index, and Real Final Sales to Private Domestic Purchasers directly to BNB Chain.

Thanks to this adoption, developers can now leverage this data to unlock innovative use cases, including:

• Issuance of new types of digital assets

• Prediction markets leveraging transparent macroeconomic inputs

• Perpetual futures markets benchmarked to official government data

• DeFi protocol risk management aligned with real-world economic conditions, and

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up 7.6% over the past 24 hours and is trading at $23.57 at press time.

BNB powers the BNB Chain ecosystem and is the native coin of the BNB Beacon Chain and BNB Smart Chain. BNB is currently trading at $1,244.72, up by 5.2% in the last 24 hours.