Foresight News report, Tether's market value increased by nearly $50 billion in 2024, and its investments, product lines, and political influence across various industries have also strengthened. According to OpenSecrets data, Tether seems to have slowed down some lobbying activities this year, spending only $360,000 on FTI government affairs. This is about a 71% decrease compared to the $1.24 million spent on lobbying in 2023; the spending in 2022 was $480,000. Tether hired a lobbying firm, DMM Consulting, in 2023, which also lobbied for the Bukele government of El Salvador.