1 rich Libsyn https://www.libsyn.com 90 600 The question of Tether's influence on crypto markets has long vexed practitioners and academics. In a widely-publicized 2018 paper, academics Griffin and Shams allege that Tether was being issued collusively, effectively increasing the price of Bitcoin beyond its natural level.&amp;nbsp; To learn how Tether behaves like a currency board, and to assess the veracity of the Griffin &amp;amp; Shams hypothesis in light of new data, we brought Ganesh Viswanath-Natraj on to the show. Ganesh is an Assistant Professor of Finance at Warwick Business School, covering international finance and macroeconomics, with a focus on foreign exchange derivatives, market microstructure and cryptocurrencies. Find the full text of the paper here, and follow Ganesh's work on his personal website. On The Brink with Castle Island https://castleisland.libsyn.com/website <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/14283086/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/2f3976/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/14283086