How safe is Tether.to/USDT?

[sgenuine]

First of all, you shouldn’t hold all your money in one type of stablecoin. I mean that you should diversify between USDT, USDC and maybe BUSD, depending on what platforms you use.
I don’t want to say that Tether is unsafe. According to their quarterly report (30th of July) all the $62 billion have collateral, so it seems to be safe. Moreover, it has the biggest trading volume of all stablecoins, so people really trust and use it.

[Daltonik]

With regard to Tether, it is also worth considering the factor of the possibility of blocking addresses by calling the "AddedBlacklist" function. The last such case occurred quite recently on December 30, an address with a balance of more than $1 million was blocked, so 560 addresses are already in the ban.
https://dune.xyz/phabc/usdt---banned-addresses

[VanityWallets2015]

I think it's pretty safe since I have been using USDT for a long time now, not only that it was only widely used especially in exchanges and for what I know the USDT was backed up by real $1 so I think it's pretty safe compare to cryptocurrency if you let your money sit in USDT it can avoid crashes and unfortunate losses in the market that's why it is considered as stable coins.

[Daltonik]

Since its launch, Tether has reimbursed USDT users for $87 million sent to incorrect addresses. The refund procedure is paid and amounts to $1,000 or up to 10% of the refund amount, whichever is greater. The company accepts recovery requests from $1,000. To restore the tokens, Tether blacklists the address and cancels the assets stored on it. Next, the company issues an equivalent amount of USDT to the escrow address to process and return to the rightful owner.
https://www.theblockcrypto.com/post/131258/tether-recovered-87-million-usdt-wrong-addresses-since-launch