They buy btc to back up their currency USDT so that's what the money should be backed by btc. The digital gold.
Think about the fiat currencies every dollar bill in your pocket are debt the USDT seems much more reliable then fiat, USDT can and it should decouple of dollar If the dollar value don't go up.
Me and many others like to see one day USDT paper currency also. I rather hold new dollar (USDT) Then just the current dollar wich is debt structured.
The path to financial freedom comes first we need to get rid of the debt based economy so the real way Will be USDT backed by digital gold the btc and other digital currencies.
Goverments also can function better If they buy btc and whatever budget they need , for example to fix health care or to build up something then they might sell some part of their btc to get USDT instead of using debt and making inflation high they can use sound financial system.
So instead of taking the loan goverment can buy dca way BTC with tax payers money and If btc price goes up they can sell and with that funds they can a lot good things in society.
I don't know about USDC but USDT financial structure looking more solid.
USDT is best money out there right now because they backing up with btc reserves.
That's what the btc should be all about backing up the currency value for currency issuer.
Are you trolling? In what way is pegged dollar better than actual dollar? It's literally just fiat money as synthetic asset. And usdt paper currency? What are you even talking about? If USD some day would crash, what value do you think usdt would have? Why would it matter if they can back that ustd value when all you are holding is usd value. Unless there is a tether bank run and they run out of that usd, so usdt would be worth even less then usd.
And democratic nation investing into most dangerous markets out there? How responsible will that look if btc crashes to ground? They are budjeting money that people's life is depending on. "Don't invest more then you can lose" is and advice most people give as an advice for noobs. Why would that not apply to any governments. Or is there a secret part of that budget that's for basically gambling? Who gave that a go ahead?