Consider this picture:
"Universe of numbers": $\ \mathbb Q \subset ??????$
mapping between universes: $\updownarrow\updownarrow$
"Universe of dedekind cuts": $\mathbb Q^* \subset \mathbb R^*$
$\mathbb Q$ are the rational numbers. It's an ordered field. In particular it is an ordered field generated by $\langle 1 \rangle$.
$\mathbb R^*$ is the set of all dedekind cuts of the rational numbers. If $A\le B$ is defined as $A \subset B$ then $\mathbb R^*$ is an ordered field.
Now $\mathbb Q^*$ is a subset of $\mathbb R^*$. It is the subset of all cuts which actually have a rational least upper bound (as opposed to the cuts of which there is no rational least upper bound). This is a subfield of $\mathbb R^*$.
And $\mathbb Q^*$ is equivalent in every sense of the word to the field $\mathbb Q$.
So there is an equivalence mapping between the "two universes".
But that means if we "retro-equivalence" back from $\mathbb R^*$ in the universe o cuts, back to the universe of numbers, we co retroactively discover an ordered field $??????$ that is equivalent to $\mathbb R^*$ and of which $\mathbb Q$ is a subfield.
That field is $\mathbb R$, the ordered field of the real numbers, in which every real number is the least upper bound of a dedekind cut.
....
Okay, to put it in a less esoteric woo-woo way:
Being a "cut" itself is entirely equivalent to being the least upper bound of a cut. Every rational number, $q$ is equivalent to the cut $A_q = (-\infty, q)$ where $\sup A_q = q$. And as a collection the rational numbers with field operations and order, is completely equivalent to all such "rational cuts" as a collection with field operations with order.
And every real number $x$ is equivalent to the cut $A_x = (-\infty, ????)$ where $\sup A_x = x$. [In actuality, after we have defined the real numbers, we can see that $A_x = (-\infty, x)$; we jst had no way to express such an idea before we had the real numbers defined.] And as a collection, the real of real numbers (with field operations and order) is completely equivalent to the ordered field of all dedekind cuts.
So we think of the cuts and the least upper bounds of the cuts as being equivalent. In that way the $\mathbb Q$ (whether we think of it as a set of cuts or as the set of rational numbers that are least upper bounds of cuts) will be a subset of $\mathbb R$ (whether we think of it as a set of cuts or as the set or rational and/or irrational number that are the least upper bounds of cuts).
But of course if we think of $\mathbb Q$ is one way, and $\mathbb R$ in a different way, we get ... confusion.