Why USDT is better?

Could you elaborate on why exactly USDT, or Tether, is considered to be a superior cryptocurrency option? Is it due to its stability as a stablecoin, pegged to the value of the US dollar? Does its widespread acceptance and integration within the cryptocurrency ecosystem play a role? Are there any unique features or benefits that USDT offers compared to other stablecoins or cryptocurrencies in general? I'm particularly interested in understanding what sets it apart and why it's often favored by traders and investors.