RH tokenized stocks v1 are a good first step. Crawl, walk, run.

But the ultimate prize is a stockcoin — fully composable with the rest of crypto. Permissionless innovation.

This is why there's so much demand for Tether and USDC.

If only someone was solving this problem.

On the USDC side I think there is misinformation out there. For a stablecoin issuer they only have to kyc at onboard/redeem.

If you are a payment processor those same rules may not apply. 

Here is Stripe crypto link asking to KYC me for $100 tx