USD Tether is a Bitfinex issued ERC-20 token which is claimed to be backed by dollar at 1:1 ratio. There are controversial opinions about this and some say it's a scam.
Do you trust USDT or believe it might be a scam?
I see no reason for fears or panic on usdt, no reason to doubt usdt.
Usdt is the most recognized stablecoin. USDT is not like bitcoin or other altcoins, I take usdt as my bank, I move all my assets to usdt cause I believe in usdt 100%
When you want to trade is simple to convert your usdt to any other crypto and trade with. Once you're out you can exchange them back to usdt and leave them on your wallet without panic cause is just the best way to save coin for me.