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?
Well the fact that Tether is minting USDT in the last few months for almost every weeks, it is kind of questionable whether this minted USDT is truly backed by real USD. They just said that it is in a secure bank and is 1:1 to USD which is kinda worrying. There are even rumors that during 2017, they minted USDT without backing it up, so no doubt that there will always be rumors of USDT crashing.