Is it safe to put money in USDT?

Could you please elaborate on the safety aspects of investing in USDT? Given the volatile nature of cryptocurrencies, I'm concerned about the risks involved. What measures are taken to ensure the stability and security of USDT? How does it compare to other cryptocurrencies in terms of safety? Also, are there any specific regulations or audits that USDT undergoes to maintain its trustworthiness? I'd appreciate your insights on this matter.