Is it safe to buy USDT on Binance?

Could you please elaborate on the safety aspects of purchasing USDT on Binance? I'm considering investing in stablecoins, but I'm concerned about the potential risks involved. Does Binance have robust security measures to safeguard my investments? How does the exchange ensure the authenticity and liquidity of USDT tokens? Are there any reported instances of hacks or fraudulent activities on the platform? Would it be advisable to store my USDT in a cold wallet instead of keeping it on Binance? Thank you for your insights.