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.

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.

Stripe

Worldwide. Card processing via your own account.

Verifone (2Checkout)

Worldwide. Card processing via your own account.

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.

How to accept BGN at checkout

Step 01

Open a checkout

A store, a payment link, or an embedded checkout on U.CASH Pay lists what buyers can pay with. Card processing covers BGN buyers through your own processor account.

Step 02

Set your prices in BGN

Your prices stay denominated in Bulgarian Lev. The checkout derives the crypto amount live at payment time when a buyer pays with a digital asset, and the BGN figure is what your ledger reconciles against.

Step 03

Get paid

Card buyers settle through your processor. Each payment arrives with its reference and transaction detail in the record.

Step 04

Settle your way

Hold receipts, convert them on a schedule, or pay out through the rails that reach your bank. Nothing about the currency choice locks the treasury path.

The BGN rails compared

Reach, flow mode, and what each rail asks of the buyer, from the rail registry.

Bank
SWIFT · Global by nature · Manual flows · Reference per order. U.CASH charges nothing on the SWIFT rail. Sender and intermediary banks take their own fees, which vary by co…
Card
Stripe · Global by nature · Automatic flows · Not required. U.CASH charges nothing on top: you pay Stripe's processing fees, and Stripe's payout schedule applies. Connec…
Card
Verifone (2Checkout) · Global by nature · Automatic flows · Not required. U.CASH charges nothing on top: you pay Verifone's processing fees on your own account terms, and Verifone's p…
Bank
SWIFT · Essentially every banking system · For corridors the local rails do not cover

A practical composition for a Bulgarian Lev merchant: the local rail wins domestic transactions on cost and speed, cards cover the buyers who reach for plastic, and cross-border settlement rides conversion or SWIFT depending on the corridor. Offer all of them from one checkout and let each payment find its natural path; the invoice stays in BGN whichever leg carries it.

The on-chain alternative

No BGN-pegged token trades on U.CASH today, so on-chain settlement for Bulgarian Lev runs through conversion: the buyer pays a liquid crypto asset and the checkout converts at payment time, with the BGN amount carried as the invoice's denomination. The card rails cover buyers who prefer traditional payment; SWIFT covers the bank-to-bank path between accounts.

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.
How do I price BGN when buyers pay crypto?
Price in Bulgarian Lev and let the checkout derive: the invoice carries the BGN figure, the buyer's wallet sees the crypto equivalent at live rates, and your ledger reconciles against the BGN denomination. The currency of record never changes.
Can I settle BGN without a local rail?
Yes, two roads: cards through your own processor account for traditional buyers, or conversion settlement where the buyer pays a liquid crypto asset against a BGN-denominated invoice. SWIFT covers bank-to-bank between accounts.
Get started

BGN, rails and chains

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