Feedback on stable-coins BUSD and USDT

Hey, I'd like to receive some feedback on the aforementioned stable-coins USDT and BUSD.

First I would like to know what are the most popular use-cases you or anyone may use them for? For me, I initially would purchase some USDT before going to trade it for other cryptos, but I've recently discovered BUSD which seems in my opinion safer than USDT, given how controversial USDT is said to be given them not conducting and publishing 3rd party audits on their holdings among other things.

I tend to move some of my profits over to stable coins and would either pay myself that on a monthly basis, use it to reinvest in other currencies or even to weather a potential bear market to minimalize my losses.

Screenshot from CoinMarketCap about BUSD

It should be noted I am not from North America, but BUSD stats to be regulated by the New York State Department of Financial Services. Can someone from the state of New York or closer tell me how credible or reliable this is? Especially over USDT.