That actually wasn't what I meant to claim, but it's too late to edit! It was an awkward sentence for sure.

The simpler sentence is: minimize round trip cost by getting close to users. Also avoid round trips if you can. :)

If you are terminating TLS on an edge network then you are likely caching the content there as well so as not to incur the latency in fetching it from origin. This is called a CDN not a load balancer.

There are a bunch of relatively pure global load balancer services available out there. Google Cloud's load balancer, for example. It works pretty well to terminate SSL close to visitors then maintain connections from load balancers back to app instances.