@simon_lucy @Naich @AutisticMumTo3 @fribbledom

The NFT serves as collateral and not to fund the houses themselves. If you'd use fiat currencies you couldn't get the community on board. Crypto is borderless and not tied to a nation and more accessible in that sense. I can use the fiat currency of my home country and buy ADA and swap it into EMP (which isn't available on many CEXs, yes). I'd see great use of a stablecoin because, as you've pointed out, EMP is a volatile asset.