As in, instead of all the complexities induced by discrete token generation, just generate the image of the text using standard image diffusion methods, then convert it to text.
If you used a single, monospace font, I bet this would be even pretty efficient, because the OCR problem becomes basically just direct template matching.
But I guess probably there is already a paper out there, I haven't searched. I'd be curious to know if it compares on par with token-based methods.