On August 22nd, Balanced launched the Injective mainnet, bringing the over-collateralized bnUSD stablecoin to the Injective ecosystem. Balanced allows users to borrow their native stablecoin (bnUSD), exchange it across chains, and transfer assets from any network integrated with Balanced to Injective, enabling near-instant transactions at a cost of just a few cents. According to the introduction, Balanced is a cross-chain platform that allows users to borrow, exchange, and bridge native assets across chains.