Can you lose money on USDT?

I've heard about the popularity of USDT, but I'm still a bit cautious. Could you please clarify something for me? Is there a possibility that I could lose money investing in USDT? I've read some conflicting information online, and I'm not quite sure how stable it is. Could you explain the risks involved and maybe give me some advice on whether it's a good idea to invest in it or not? I'd really appreciate your insight on this matter.