Can you also earn yields from US mortgage loans? This token has received SEC approval, with a maximum cashback of 20%

【Crypto World】There’s an interesting trend—Megatel Homes, a real estate company, has launched a new approach with its fintech platform using MP tokens. Recently, they received a no-action letter from the SEC, confirming that MP is a general-purpose payment token and does not qualify as a security, which means the compliance gate is now open.

How does it work specifically? Paying rent or mortgage with MP tokens can earn you up to 20% cashback. Even more impressively, you can apply for a mortgage at 2% below the market rate, directly reducing costs for borrowers. The platform’s logic is straightforward—daily housing expenses (rent, mortgage payments) can be converted into savings or homeownership benefits, indirectly addressing the housing affordability issues that Americans have long complained about.

This is not only a case of token application but also an attempt to crypto-ize traditional financial scenarios. From the SEC’s stance, as long as the purpose is clear and compliant, there indeed exists a breakthrough for tokens in practical financial scenarios.