Currency boards get a bad rap globally—yet Bulgaria's proven them differently. The mechanism actually worked to stabilize things, so much so that Bulgaria just became the euro area's newest member in 2026. Turns out strict monetary frameworks can be the stabilizing force an economy needs when implemented right. F&D covers the full story.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
7
Repost
Share
Comment
0/400
wagmi_eventually
· 38m ago
NGL Bulgaria really proved everyone wrong this time. Those who were criticizing the Currency Committee, their strict framework really works, and the results are quite impressive.
View OriginalReply0
GasWaster
· 01-08 22:50
NGL Bulgaria's move this time is really brilliant, forcing the currency board to be played out in a creative way.
View OriginalReply0
PumpingCroissant
· 01-08 22:47
Wow, Bulgaria's move this time is really something. The currency board that has been hacked for so many years actually really works?
View OriginalReply0
TooScaredToSell
· 01-08 22:36
Haha, Bulgaria's move this time is really impressive. How do you say about the ability of a strict framework to stabilize the economy? It was criticized before, but now the situation has reversed.
View OriginalReply0
WinterWarmthCat
· 01-08 22:31
Haha, Bulgaria's move this time indeed slapped the face of many who were bearish on the currency system.
View OriginalReply0
IntrovertMetaverse
· 01-08 22:29
Bulgaria's recent move is truly impressive. Others say the currency board system doesn't work, but it directly proves them wrong... Having a strict framework at the right time is really a lifesaver.
View OriginalReply0
defi_detective
· 01-08 22:26
Bulgaria has really won big this time. Using a strict monetary framework in the right place can truly stabilize the economy. By the way, our crypto community should reflect on this.
Currency boards get a bad rap globally—yet Bulgaria's proven them differently. The mechanism actually worked to stabilize things, so much so that Bulgaria just became the euro area's newest member in 2026. Turns out strict monetary frameworks can be the stabilizing force an economy needs when implemented right. F&D covers the full story.