diff --git a/Cargo.lock b/Cargo.lock
index cfd3531c..53f46511 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4497,7 +4497,7 @@ version = "0.32.2"
 dependencies = [
  "anyhow",
  "async-stream",
- "bech32 0.9.1",
+ "bech32 0.11.0",
  "bitcoin",
  "bs58",
  "byte-unit",
diff --git a/Cargo.toml b/Cargo.toml
index f8c7693d..b880e7bb 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -51,7 +51,7 @@ anyhow                   = "1.0"
 async-stream             = "0.3.6"
 async-trait              = "0.1.83"
 axum                     = "0.6.18"
-bech32                   = "0.9.1"
+bech32                   = "0.11.0"
 bitcoin                  = "0.31.2"
 bs58                     = "0.5.1"
 byte-unit                = { version = "4.0.19", default-features = false }