Web3SOC aligns with Ethereum’s ambition to become a secure global settlement layer by formalizing DeFi security and compliance standards

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The move comes amid a moment of revitalization for Ethereum, which has recently been pitching itself as the “settlement layer for the world” based on the idea that nearly all financial activity will eventually move onchain.

The effort fits into Ethereum’s more general strategic vision of becoming a secure, scalable settlement layer for the next generation of finance.