So many things wrong in just one sentence. Adoption of anything is a market choice, not a law. A bunch of individuals have to be actively accept the price for it to have any stability. Privatization would mean adopting Bitcoin. Adopting a token pegged to USD would mean selling themselves out to the US specifically (which Europe already did for Brussels so they'd be better off with our shitcoin anyway).

Why is the underlying monetary network never discussed in any of these hit pieces? How many units of the currency exist? How many new units are being printed? If they can't answer these basic questions then the token isn't worth holding and it's going to zero.