@Madison Thompson asked if anyone has used this and if it could be a merge field in MCAE. I don't know the answer to that, but I don't see why it couldn't.
2 answers
I'm sorry, but I am not a MCAE user. It's using HTML and goes into a rich text field so... I would research how to use merge fields with HTML in account engagement.
https://trailhead.salesforce.com/trailblazer-community/feed/0D54S00000PetOFSAZ
https://help.salesforce.com/s/articleView?id=sf.pardot_handlebars_merge_fields.htm&type=5