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Balanced integrates Injective and introduces its over-collateralization stablecoin bnUSD
According to official sources, Balanced has launched on the Injective Mainnet, introducing the over-collateralization bnUSD Stable Coin into the Injective ecosystem. Balanced allows users to borrow its native Stable Coin (bnUSD), exchange Cross-Chain Interaction, and transfer assets from any network integrated with Balanced to Injective, enabling almost instantaneous transactions at a cost of just a few cents. According to the introduction, Balanced is a cross-chain interaction platform that allows users to borrow, exchange, and bridge native assets for cross-chain interaction.