I don't trust it but I use it when I need it. In my opinion, it shouldn't be seen as an investment tool. If you see it as a stablecoin that can only be used in times of need, you will reduce the risk.
You get the point right there, there is nothing like trust in cryptocurrency and not even bitcoin gives a stable and persistent future adventure and profits.
Sometimes, bad things happen and Tether USDT may be caught up in the web but not that there has a pre-planned blueprint of how there will exit scams on their investors and holders.
Since the is the biggest and most used stablecoins
Yes, this is actually correct. The value of USDT might drop if a de-pegging happens just like the USTC the ratio drops. Hopefully, this will not happen, and surely have a negative impact on investors or traders who might think that stablecoin can be easily manipulated.