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?
I do feel like DAI is the better alternative.
However, liquidity is sort of a self-fulfilling prophecy. USDT has always had the upper hand when it came to trading volume, so this is what people default to when they trade on major exchanges or even when exchanges make their listing decisions.
In the future definitely expect UST, DAI to make some noise. Decentralized stablecoins are the future, and USDC and USDT are on the way out.