diff --git a/tools/cli-wallet/Cargo.toml b/tools/cli-wallet/Cargo.toml
index b7eccd3a8..aab8a350f 100644
--- a/tools/cli-wallet/Cargo.toml
+++ b/tools/cli-wallet/Cargo.toml
@@ -17,7 +17,7 @@ tokio = { version = "1.0", features = ["full"] }
 sha2 = "0.11"
 hex = "0.4"
 rand = "0.10"
-secp256k1 = "0.27"
+secp256k1 = "0.31"
 anyhow = "1.0"
 
 [[bin]]