In this article, a current balancing coupled inductor (CBCL) based asymmetrically configured quad-active-bridge (QAB) converter is proposed. The QAB converter provides high-frequency isolation for a dc-dc stage of a solid state transformer (SST), as well as provides a modular solution to the SST medium-voltage (MV) dc link. The proposed CBCL ensures current balancing among/three active H-bridges without using any dedicated controller and without expensive sensors when transferring equal power from MV to low-voltage side. The proposed CBCL is the integration of three inductors of the active H-bridges required for power transfer and zero-voltage-switching and does not require an extra magnetic volume. Experimental results are presented to validate the performance.