PARAMETA Signs Strategic MoU with COOCON and Infiniteblock to Expand Stablecoin Infrastructure

— Strengthening its role as a stablecoin issuance and settlement hub through financial API and custody integration —



SEOUL, October 1, 2025 — PARAMETA Corp. (formerly ICONLOOP, CEO Jonghyup Kim), a leading Web3 Enabler, announced that it has signed a three-party strategic Memorandum of Understanding (MoU) with COOCON (CEO Jonghyun Kim), a leading business data platform provider, and Infiniteblock (CEO Gutae Jung), a licensed digital asset custody VASP, to jointly promote the adoption and infrastructure expansion of stablecoins in Korea.

The signing ceremony was attended by the CEOs of all three companies — Jonghyup Kim of PARAMETA, Jonghyun Kim of COOCON, and Koota Jung of Infiniteblock — along with key executives from each organization.

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Joint Initiative to Accelerate Stablecoin Adoption in the Financial Ecosystem

The collaboration aims to establish a coordinated strategy for stablecoin integration and prepare for full-scale adoption across Korea’s financial and payments sectors.
The three companies will conduct a Proof-of-Concept (PoC) to validate stablecoin issuance and settlement processes, creating a foundation that allows for rapid transition to commercial services once the domestic stablecoin market matures.

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Expanding PARAMETA’s ParaSTA Platform as the Core Financial Layer

PARAMETA is currently developing ParaSTA, a stablecoin orchestration platform designed to connect issuance, settlement, payment, and API-based financial integrations within a unified digital finance infrastructure.
Through this partnership, ParaSTA secures a key connection layer with the financial sector, combining:

• COOCON’s payment and retail distribution network, and
• Infiniteblock’s custody and regulatory compliance solutions.

This collaboration will establish a comprehensive infrastructure enabling stablecoin issuers and institutions to directly interface with financial networks.

Under the agreement:

• PARAMETA will operate as the central hub for stablecoin issuance, settlement, and API orchestration through ParaSTA.
• COOCON will provide a stablecoin payment network across its ecosystem of 2 million offline QR merchants, 100,000 franchise locations, and 40,000 ATMs nationwide.
• Infiniteblock will deliver custody and digital vault services based on its secure VASP-compliant wallet infrastructure.

Together, the three companies aim to realize a complete lifecycle for stablecoins — from issuance and distribution to payment and settlement — under a secure, compliant, and scalable framework.

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Leveraging Proven Expertise in Finance and Public Blockchain

PARAMETA brings extensive experience in blockchain-based financial collaboration, having developed the world’s first blockchain joint authentication service and implemented DID-based identity verification within Korea’s financial institutions.
The company also operates Korea’s only CSAP-certified blockchain service, earning trust across public-sector organizations.

This MoU extends PARAMETA’s blockchain expertise from public and regulatory applications to commercial financial payment networks, further solidifying its leadership in digital financial infrastructure.

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Statement from PARAMETA CEO Jonghyup Kim

“Through this partnership, we’ve built the foundation for stablecoins to directly connect with financial settlement systems,”
said Jonghyup Kim, CEO of PARAMETA Corp.
“Corporations and institutions exploring stablecoin issuance or financial integration will now be able to enter the market more safely, efficiently, and at scale.”