Literally does not matter. ByteDance is a Chinese company and beholden to the CCP.
Especially if they do it without being hypocritical.
It feels almost like propaganda in itself, to evoke CCCP connotations.
It would be like if I just decided to start unilaterally referring to a "Language to Markup Hyper-Text" (LMHT) instead of its correct name.
tbf though, even the BBC can't get it right : https://www.bbc.com/news/articles/cvg68vyz9lgo
https://chinamediaproject.org/2023/03/30/ccp-or-cpc-a-china-...