No the purpose is visibly to tokenize fiat
Half-jokes aside, I think the tokenization of fiat is a good way to encourage adoption and, to continue the discussion with roselee, to avoid some HF which may seem a bit arbitrary. You can enter into God mode when you have just a bunch of unknown miners in front of you. You can't when you have 150+ entreprises and a few states.
Are you talking about how Vitalik has so much control over ETH, then I agree, more businesses should be behind this, to avoid arbitrary hardforks.
But not like this. Why the hell would people want a tokenized fiat? It makes no sense.
Why not just use the established cryptocurrencies for day to day payments...