Is my money safe in USDT?

I've been hearing a lot about cryptocurrencies lately, and USDT has caught my eye. I understand it's a stablecoin pegged to the US dollar, but I'm still a bit concerned about the safety of my funds. With so many hacking incidents and exchange failures in the crypto world, I can't help but worry if my money will be safe if I invest in USDT. Can you provide some insights or reassurance about the security of USDT and my funds?