diff --git a/Cargo.lock b/Cargo.lock
index ef5b6bb56f..fdb21bce8e 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -339,15 +339,15 @@ checksum = "8a32fd6af2b5827bce66c29053ba0e7c42b9dcab01835835058558c10851a46b"
 
 [[package]]
 name = "bech32"
-version = "0.7.3"
+version = "0.8.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "2dabbe35f96fb9507f7330793dc490461b2962659ac5d427181e451a623751d1"
+checksum = "cf9ff0bbfd639f15c74af777d81383cf53efb7c93613f6cab67c6c11e05bbf8b"
 
 [[package]]
 name = "bech32"
-version = "0.8.1"
+version = "0.9.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "cf9ff0bbfd639f15c74af777d81383cf53efb7c93613f6cab67c6c11e05bbf8b"
+checksum = "d86b93f97252c47b41663388e6d155714a9d0c398b99f1005cbc5f978b29f445"
 
 [[package]]
 name = "beef"
@@ -2350,7 +2350,7 @@ version = "0.13.0"
 dependencies = [
  "assert_fs",
  "base64",
- "bech32 0.8.1",
+ "bech32 0.9.1",
  "bincode",
  "bytes",
  "chain-addr",
@@ -2398,7 +2398,7 @@ dependencies = [
  "arc-swap",
  "async-trait",
  "base64",
- "bech32 0.8.1",
+ "bech32 0.9.1",
  "cardano-legacy-address",
  "chain-addr",
  "chain-core",
@@ -2460,7 +2460,7 @@ dependencies = [
  "assert_cmd",
  "assert_fs",
  "base64",
- "bech32 0.8.1",
+ "bech32 0.9.1",
  "bytesize",
  "cardano-legacy-address",
  "chain-addr",
@@ -2527,7 +2527,7 @@ dependencies = [
  "assert_cmd",
  "assert_fs",
  "base64",
- "bech32 0.7.3",
+ "bech32 0.9.1",
  "chain-addr",
  "chain-core",
  "chain-crypto",
@@ -2576,7 +2576,7 @@ name = "jormungandr-lib"
 version = "0.13.0"
 dependencies = [
  "base64",
- "bech32 0.8.1",
+ "bech32 0.9.1",
  "bincode",
  "cardano-legacy-address",
  "chain-addr",
@@ -4760,7 +4760,7 @@ name = "thor"
 version = "0.1.0"
 dependencies = [
  "assert_fs",
- "bech32 0.8.1",
+ "bech32 0.9.1",
  "bincode",
  "chain-addr",
  "chain-core",
diff --git a/jcli/Cargo.toml b/jcli/Cargo.toml
index 1ebdf48319..3a551eb4ff 100644
--- a/jcli/Cargo.toml
+++ b/jcli/Cargo.toml
@@ -20,7 +20,7 @@ serde_json = "1.0.81"
 serde_yaml = "0.8"
 bincode = "1.3.3"
 structopt = "^0.3"
-bech32 = "0.8"
+bech32 = "0.9"
 hex = "0.4.2"
 rayon = "1.5"
 base64 = "0.13.0"
diff --git a/jormungandr-lib/Cargo.toml b/jormungandr-lib/Cargo.toml
index 88431e4c69..9d39f56425 100644
--- a/jormungandr-lib/Cargo.toml
+++ b/jormungandr-lib/Cargo.toml
@@ -26,7 +26,7 @@ humantime = "2.0"
 thiserror = "1.0"
 multiaddr = { package = "parity-multiaddr", version = "0.11", default-features = false }
 hex = "0.4"
-bech32 = "0.8"
+bech32 = "0.9"
 base64 = "0.13.0"
 http = "0.2.2"
 
diff --git a/jormungandr/Cargo.toml b/jormungandr/Cargo.toml
index f31eadb34c..dbd1c770ea 100644
--- a/jormungandr/Cargo.toml
+++ b/jormungandr/Cargo.toml
@@ -27,7 +27,7 @@ imhamt = { git = "https://github.com/input-output-hk/chain-libs.git", branch = "
 arc-swap = "^1.5.0"
 async-trait = "0.1.51"
 base64 = "0.13.0"
-bech32 = "0.8"
+bech32 = "0.9"
 futures = "0.3.21"
 hex = "0.4"
 jormungandr-lib = { path = "../jormungandr-lib" }
diff --git a/testing/jormungandr-automation/Cargo.toml b/testing/jormungandr-automation/Cargo.toml
index 832253214f..0d75121e92 100644
--- a/testing/jormungandr-automation/Cargo.toml
+++ b/testing/jormungandr-automation/Cargo.toml
@@ -13,7 +13,7 @@ tokio = { version = "1.15", features = ["macros","rt","rt-multi-thread"] }
 tokio-stream = "0.1"
 futures = "0.3.21"
 base64 = "0.13"
-bech32 = "0.8"
+bech32 = "0.9"
 bytesize = "1.1.0"
 structopt = "0.3.26"
 serde = { version = "1.0", features = ["derive"] }
diff --git a/testing/jormungandr-integration-tests/Cargo.toml b/testing/jormungandr-integration-tests/Cargo.toml
index 2a01a22c48..f0635ef25a 100644
--- a/testing/jormungandr-integration-tests/Cargo.toml
+++ b/testing/jormungandr-integration-tests/Cargo.toml
@@ -6,7 +6,7 @@ edition = "2021"
 
 [dependencies]
 tonic = "0.6"
-bech32 = "0.7"
+bech32 = "0.9"
 prost = "0.9"
 tokio = { version = "1.15", features = ["macros", "time"] }
 futures      = "0.3.21"
diff --git a/testing/thor/Cargo.toml b/testing/thor/Cargo.toml
index 0057bac0b7..81dc7478a6 100644
--- a/testing/thor/Cargo.toml
+++ b/testing/thor/Cargo.toml
@@ -28,7 +28,7 @@ thiserror = "1.0"
 custom_debug = "0.5"
 bincode = "1.3"
 hex = "0.4"
-bech32 = "0.8"
+bech32 = "0.9"
 time = { version = "0.3", features = ["macros"] }
 
 [dev-dependencies]