Due to specifics of AMM router in times of high volatility ICAP pairs could attract outside traffic, artificially increasing demand for ICAP.
If we had not only ICAP\ETH but also ICAP\USD pair this would cause a situation when in times of high demand for ETH part of the ETH <-> USD trading volume be routed via USD-ICAP and then ICAP-ETH pair. In times of bear market there would be reverse situation - demand for stablecoins would attract part of that traffic in opposite direction.
Historically ICAP pairs had little trading volume, mostly due to low number of users.
With this simple trick we can capture part of the outside trading volume therefore raising value of ICAP in the future.