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BiyaPay Analyst: Official Economic Data On-chain, Oracle Race Welcomes New Opportunities

By: theblockbeats.news|2025/08/29 11:02:21

BlockBeats News, August 29th: The U.S. Department of Commerce announced that starting in 2025, quarterly GDP data will be published on 9 public blockchains such as Bitcoin, Ethereum, Solana, etc., and disseminated through Chainlink and the Pyth Network, achieving the first-ever on-chain macroeconomic data. In response to this news, the PYTH token surged over 100%, while the LINK token saw a short-term increase of nearly 5%.

BiyaPay analysts pointed out that this will enhance data transparency, injecting new energy into RWA and DeFi innovation, with the oracle track expected to see rapid development.

The BiyaPay multi-asset trading wallet will continue to provide users with one-stop services such as global remittances, cryptocurrency trading, and U.S. and Hong Kong stock investments, helping investors remain agile in complex markets.

CoinShares is planning to list in the United States, with a second-quarter net profit of $32.4 million.

Sei-to-Tree Protocol Yei Finance Launches Cross-Chain Settlement and Execution Layer Product Clovis