Please correct me if I got it all wrong, audited projects are projects that have passed some security checkup right? As a newbie I kinda like investing in projects that are audited atleast so back to my question, USDT is the biggest stable coin right? When I tracked it on coinmarketcap I found out that's it passed audits through Certik and Fairyproof, why haven't this clear the rumour that USDT might fail someday? Because it's Centralised? If that's it then why DAI ( decentralized stable coin) haven't grow over USDT all this while?
There are no audits on USDT. If anyone says otherwise, it is bull crap. They occasionally come up with some pie charts to show that they have the funds to back the tokens but anybody can make pie charts of their imaginary wealth.
DAI is not mentioned much because it don't have the business connections the USDT has. Almost every crypto exchange in existence acknowledges USDT. Not many even list DAI.