I think he meant add a welder outlet. If I didnt have other use it is probably what I would do as the parts cost the same as the adapter but the rv circuit is really good for welding, has a full 50A wire.
Dependinbg on where, what, what other use and often tempted to put a 6 space panel on that so local outlets could be tailored, even 120 for tools so they were not on the building wire in some cases, nothing is as good as direct wire no splice to the outlet for that type of thing. Especially if this is already a ways from a panel on long branches.
In my own case branches would be 100 ft to start with, with panel they are all short and easily tailored. As for approved adapters,,, I bet this is,,,, at least its wired correctly. I found one at a flea for a dollar I bought just for the hell of it that has no label and for good reason. 50 to other amps are not good with minor exceptions one being a 30A trailer that is legal,,,, but other than that no, no 20 or 30 for other equipment from that circuit without someone explicitly understands wire size and over current protection. Not everyone has ever wired an outlet does and guys who have wired 220 are not usually on that list.
Owners manuals on small welders are super confusing at best to the lay person. The basic rule is,,, if it comes with a 50 end is legal on a 50 circuit. I know they list 30 but it is when applied with a minimum wire size, thats listed but it isnt clearly explained, 2 different things.