# Most Influential 2021: Do Kwon

By [Xmfish's Blog](https://paragraph.com/@xmfish-s-blog) · 2021-12-11

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Terraform Labs has built the most successful algorithmic stablecoin yet. And a recent SEC subpoena shows just how important decentralization is.
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![](https://storage.googleapis.com/papyrus_images/bd700a8bff55b161a444850ab4bdc50c890ad4f0760eb8b704fd09e09863d821.jpg)

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*Originally published on [Xmfish's Blog](https://paragraph.com/@xmfish-s-blog/most-influential-2021-do-kwon)*