Is USDC more safe than USDT?

Hello there, I'm seeking some clarification on the safety comparison between USDC and USDT. Could you please elaborate on the security measures taken by both these stablecoins? I've heard about the underlying collateral and auditing processes, but I'd like to know which one offers a higher level of protection against potential risks. Additionally, are there any recent developments or news that might affect the safety of either USDC or USDT? I'm trying to make an informed decision when it comes to investing in these cryptocurrencies, so your insights would be greatly appreciated.