A basket of bad currencies is still not better than the dollar.
Honestly, they would be better off using Bitcoin.
Except the IMF and other global (US controlled entities) are gunning for Bitcoin and other cryptos....
"The regulatory fabric is being woven, and a pattern is expected to emerge. But the worry is that the longer this takes, the more national authorities will get locked into differing regulatory frameworks. This is why the IMF is calling for a global response that is (1) coordinated, so it can fill the regulatory gaps that arise from inherently cross-sector and cross-border issuance and ensure a level playing field; (2) consistent, so it aligns with mainstream regulatory approaches across the activity and risk spectrum; and (3) comprehensive, so it covers all actors and all aspects of the crypto ecosystem."
REGULATING CRYPTO
ADITYA NARAIN, MARINA MORETTI
IMF
SEPTEMBER 2022
Source: https://www.imf.org/en/Publications/fandd/issues/2022/09/Regulating-crypto-Narain-Moretti
It seems those not in favor of competition are actively working to quash competition.