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Fiat currency · BGN

Bulgarian Lev on U.CASH

The Bulgarian lev has been pegged to the euro at exactly 1.95583 since 1999, the firmest fixed exchange rate in the EU outside the eurozone itself, with eurozone entry in process. For merchants that means lev pricing and euro pricing are the same number times a constant nobody trades.

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Rails settle it at checkout; pegged tokens settle it on-chain. Both live on the same non-custodial U.CASH checkout.

Bulgarian Lev at a glance

Code
BGN
Symbol
лв
Local rail
None in the set
Pegged tokens
0

Rails that settle BGN

Lev checkouts can offer SWIFT for bank transfers and cards through your own Stripe or Verifone account; the euro rails are one conversion away.

SWIFT

International. Manual rail, no processor account.

The SWIFT rail →

Stripe

Worldwide. Card processing via your own account.

The Stripe rail →

Verifone (2Checkout)

Worldwide. Card processing via your own account.

The Verifone (2Checkout) rail →

Pegged tokens on U.CASH

No lev stablecoin trades on U.CASH today, but the lev is hard-pegged to the euro at 1.95583, so the euro stablecoins (EURC, EURI, EURQ, EUROP) are a near-native on-chain leg for BGN settlement.

No BGN-pegged token trades on U.CASH today. Card rails and the crypto assets cover checkout settlement.

Where it settles

Countries served by the Bulgarian Lev rails on U.CASH.

Bulgaria

Bulgarian Lev: FAQ

Can I accept Bulgarian lev payments?
Yes: SWIFT delivers lev to a Bulgarian account, and cards clear BGN through both processors.
Is the lev pegged to the euro?
Yes, at exactly 1.95583 to one since 1999 under a currency board, and Bulgaria is on the path to adopting the euro outright; the peg is the hardest in the EU outside the euro area.
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BGN, rails and chains

Bank rails for the checkout, pegged tokens for on-chain settlement, one non-custodial platform.

Open U.CASH Pay → Browse currencies