Whatever it is, what Elon Musk does in the world of crypto business might just become something hype and then disappear again. Maybe stable coins for twitter will work fine. However, instead of that, wouldn't it be better to just use Doge or Bitcoin so that it can help increase the price of Doge again? And what's more, too many stablecoins are used and this may not be too significant.
I hope it is but you never know, just the idea of Elon creating his own stable coin is suspicious as we know what happened with the coin that Facebook was supposed to release and it never did, however the idea that somehow Elon could pay one million dollars to his users per day is simply impossible, Elon cannot even sustain that amount for a single day and I doubt he could even do this if the amount was lowered to a single dollar per user per day.
This may end the same, unsuccessful and then will be failed. Too complicated to create the stable coins, moreover, if this is about Elon Musk, there must be clearer concept, and also the backup of the stable coins itself, or this will be big problem again to face.