IA's final response provides general comments to the Bank of England's consultation on Proposed regulatory regime for sterling-denominated systemic stablecoins. Our response supports the Bank's "multi-money" approach. More specifically, it seeks for use of MMFs as backing assets, in particular, the role for Low Volatility NAV MMFs and PDC NAVs, highlights the market positioning of sterling denominated stablecoins and the use of public permisionless ledger.