You usually see balanced with very low voltages to implement common mode noise rejection. Microphones, we should do it on phone cartridges, and differential instrumentation applications, especially for low output sensors. Many oscilloscopes have differential amplifier plug ins.
In pro audio, at one time, every in and out of a gain stage was a differential transformer. Before that they were needed in the tube days for voltage isolation. From equipment I have worked on, the tube condenser mics (and some FET and dynamic mics) have a transformer out to create a balanced line. The console has transformer in, followed by the preamp gain stage, and transformer out from that. Sometimes the EQ is transformer in and out, the summing amplifier is transformer out, all the sends and returns are transformer in and out. All the outboard equipment like dynamics, delay, and echo is all transformer in and out. That would be followed by the Dolby transformer in and out and the tape machine transformer in and out. Mixing would go through the line in transformer, back through and out through all the Dolby and tape machine transformers. The mastering and disc cutting chain would be similar. All balanced.