That would work. Actually if it’s a constellation that supports TRIM (OS-Filesystem-whatever it sees on the USB - see this to get an idea how complex things can get) reading the saved backup might be equivalent to reading the whole SSD. Even if you used only 64 GBs of 1TB if the rest is TRIMed nothing (more) would be “really” read even if you do a full badblocks (or dd to /dev/null or any other full read test). Sure, it’ll take a while to feed 900+ GBs of zeroes (or whatever the TRIMed sectors return) over USB but not much will be really read from the SSD.
It’s SMR, it’ll be slow as hell and rearrange itself sometimes for days if you don’t let it sleep. But there is no choice for 2.5" drives, at least if you want a somehow large size (and even for many worthless smaller sizes nowadays).