pyth has moved into its 2nd phase. phase 1 locked it in as the #1 oracle for DeFi. phase 2 is entry into the $50b+ institutional data market (a market dominated by bloomberg/refinitiv for decades). banks, funds, regulators. b2b subscription, data straight from jump, jane street, nomura (trading firms that actually move markets). what does this mean for $pyth? big cash flows. new clients pay in usd / stablecoins / pyth. the dao decides where it goes. buybacks (as current meta), revshares, incentives for publishers. and this lined up with the moment pyth was chosen to verify and publish us gdp data. now on top of gdp come inflation (cpi, ppi, pce), employment (nfp, unemployment, wage growth), business activity (pmi). and it's the FIRST time such indicators are streamed onchain in real time (new wave of transparency and tokenization). these feeds can power inflation-linked contracts, new stablecoins, corporate reporting. and if we look at competitors as i love. pyth cap ~900m vs...
The U.S. Department of Commerce has selected Pyth Network to verify & distribute economic data onchain 🏛️
Today’s announcement by @howardlutnick & @realDonaldTrump marks a landmark step for the adoption of decentralization & validates Pyth’s role as a trusted data source 🧵 ⬇️
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