This will help in growth of country's economy if not taken over by greedy corporatesand and and will it have government's support or soft corner in the regulator's eye as it will bring in some money from outside.
Asset backed cryptocurrencies may help in building a nation stronger only if backward investments are done. It means you back up gold for your tokens and from the revue of selling tokens, you must buy gold again to issue more tokens. If this will not happen then asset backed coins will bankrupt like a ponzi scheme.
There are already some asset backed cryptocurrencies in the market. Even Facebook claimed that the Libra coin they were going to release is also backed by assets (you can check their website). Some articles I have seen are saying that investing stable coins (asset backed cryptocurrencies) is a huge risk and the mechanisms that are used to peg their price to the assets are complex. Some of the stable coins I know are Atlant, Digix Gold Tokens, OneGram and Cedex. I believe there are lots of others that are out there and more are still coming out.