Golden Finance reports that Tether’s market value will increase by nearly US$50 billion in 2024, and its investments, product lines, and political influence in various industries have also been enhanced. According to OpenSecrets data, Tether appears to have slowed down some lobbying activities this year, spending only $360,000 on FTI government affairs. This is a decrease of approximately 71% compared to lobbying expenditures of $1.24 million in 2023; expenditures in 2022 are $480,000. Tether in 2023 hired DMM Consulting, a lobbying firm that had also lobbied on behalf of El Salvador’s Bukele government.