Tether stablecoins, including USDT, have faced renewed scrutiny post-FTX. The regulatory focus has primarily been on the transparency and backing of Tether tokens. There have been concerns regarding Tether’s claims of having sufficient reserves to back the issued USDT tokens. The scrutiny has led to increased demands for audits and transparency from Tether, as regulators aim to ensure the stability and legitimacy of stablecoins in the crypto market.