Let me ask what would be the benefits if the USCF did?!
The USCF already uses a similar system. It's one created by Mark Glickman. I think it may actually be Glicko-1
http://www.glicko.net/ratings.html
The main difference is that there is no temporal (activity) component to your USCF rating calculation. If you stop playing on Chess.com for 6 months, then your rating bounces around more quickly for the first few games back. Your USCF rating calculation is the same whether your previous tournament was last weekend or 20 years ago. It is very frustrating playing a late 20s adult rated 800, because that was their OTB rating back in 3rd grade!
This is why i think uscf should adopt a system where your k factor goes up over time. Especially after a time like covid. The kids will be underrated by a lot.
As a kid been furiously studying chess for the better part of the past 5 months, I agree that there will likely also be many other kids in the same boat as me that will be underrated when tournaments start again. It would be nice for USCF to temporarily raise the k-factor (maybe by a factor of 1.5) for a few months after OTB tournaments resume so people reach their true rating quicker. However, this would likely be difficult to implement and I don't think it'll happen.
The current USCF system is far better than Glicko 1 and Glicko 2. The USCF system uses a floating K value based on rating (effective number of games). The Glicko systems are zero sum among regular players and thus deflationary which is very bad. Also, the fundamental problem with Glicko 1 & 2 is that they assume the more you play the more consistent you will be. That is another way of saying the more you play the less likely you are to improve which of course is wrong. Secondly, Glicko 1 & 2 do not assume (as the USCF system does) that it is easier for somebody to improve when they are lower rated which is the point of the floating K value.
Of course the lack of OTB tournaments is/will affect the ability/rating ratio. How to deal with that is more complex than you might think. Lets suppose we take a group of 100 people run a round robin tournament with them then put them in class for 2 weeks. During this two weeks they all gain 200 points in ability (not rating) so all that were 1400 are now 1600 and the 1700s became 1900s....
Now, if we rerun the same round robin tournament with those same people. At the end their ratings will not change. They are all performing the same relative to each other. For them to raise their ratings they will have to play those that have not improved. See the problem with the lack of OTB tournaments?
uscf rating will be deflated, all the 1700s will be playing like 2000s etc. Which means it will be just as hard/or harder to gain rating points.
Will USCF ever adopt a rating system similar to chess.com?