Tether has seen a significant increase in market capitalization in 2024, adding nearly $50 billion. The stablecoin giant has not only performed strongly in the financial market, but has also expanded its investment and product lines in various industries, and even increased its influence in the political field.

Despite this, Tether's spending on lobbying activities this year has decreased to only $360,000, down about 71% from $1.24 million in 2023. This may indicate a shift in its strategy for policy influence.

In addition, Tether's sister company Bitfinex Securities has made a breakthrough in El Salvador, becoming the country's first digital asset service provider approved to trade tokenized securities. At the same time, Tether has also invested in geothermal Bitcoin mining projects in El Salvador, showing its interest in the renewable energy sector.