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News November 29, 2024

Balanced Connects to Stellar

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Balanced Connects to Stellar

Balanced has integrated with the Stellar blockchain, allowing users to swap XLM for various cryptocurrencies, use it as collateral to borrow bnUSD, and transfer assets across multiple blockchains. The integration introduces new collateral options for bnUSD and benefits from a $155k grant from the Stellar Community Fund. The platform offers fast transactions with fees as low as 0.1 XLM and enables users to supply liquidity on ICON.