Facebook, tried that. Didn't really work out.
Coinbase and Circle, on the other hand, did USDC and it's doing great.
I think that Facebook was greedy and didn't do their homework properly. For example, the coin "basket" they've tried to use made their coin proposal become a competitor for USD. But that's just me.
Not just you... The US Senate, and the Federal Reserve are thinking exactly the same way. They would stop bitcoin too, if there was anyone to stop.