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The debt ceiling for Tether is currently set to 0 [0] for dai. And USDC + other stablecoins do partially back it [1].

[1] https://dune.xyz/SebVentures/maker---accounting_1

You are correct. Last time I checked, more than 50% backed by USDC. Makes no sense as the whole point of censorship resistance is defeated.

Where/how did you check this? >50% of USDC sounds unreasonably high.

from https://daistats.com/#/overview it's currently ~26% USDC

It's also 200% collateralised so USDC could go to zero (or freeze all of the DAI locked USDC) without breaking the peg on DAI

In part yes, along with many other assets. They've stated they'd like to lesson the use of stables as collateral and are still brainstorming solutions. The ability to add real estate as collateral should be interesting.