Bulgaria just hit a milestone—ATMs across the country are now dispensing euros for the first time following the nation's entry into the eurozone. It's one of those quiet but significant moments in global finance that often gets overlooked.

What makes this worth paying attention to? Currency transitions reveal a lot about monetary policy coordination and cross-border liquidity flows. When a country shifts from its domestic currency to a larger monetary union, you typically see changes in payment infrastructure, inflation dynamics, and capital movement patterns.

For those tracking macro trends, this is yet another indicator of how traditional finance continues centralizing around major currencies. Meanwhile, the crypto market operates on completely different rails—but understanding these fiat-side developments helps us appreciate why decentralized alternatives exist in the first place.