Not even close. Different concepts and different advantages; one is stable and one is volatile. USD based currencies are stable ones while Bitcoin is highly volatile generating profit as an investment. I've said not even close because investors are using these currencies differently; Bitcoin more of an asset while usd based digital currency are for daily transactions, so I don't think one fears another.
Rather than spamming irrelevant articles across the forum you could add some extra information or thoughts you have on the topic it discusses. That would make more for a discussion than simply posting a line and a one line follow up.
I will try to add more information in OP from now on.
But, it will be a positive development for bitcoin and encourage more people to use bitcoins.
How does that happen ? Isn't it more like competition? The people with traditional thinking might go with government backed project.
Not a competition but more of coexistence I guess. The only difference is decentralization and centralization of each. On my end especially when trading, I do prefer using usdt as a mode of payment because it is more convenient to use. But I also doubt one would promote the other currency.