That is possible today with qemu/TCG. The assumption with exagear and some of these other JITs is that they are faster.
(it was intended to be easily retargetable to other platforms instead of being tailored to them, not even using the hardware FPU at all for example)
(I might also look at the other issues that I have with TCG code quality sometime)
Might be worth it to update the wiki too.
I made a Qemu backend targeting LLVM before, but that turned out to be way too heavy to be usable, I wonder if it's worth revisiting that idea nowadays...