diff --git a/Cargo.lock b/Cargo.lock
index 2815edac3..4d0d38672 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2990,7 +2990,7 @@ checksum = "213b7324336b53d2414b2db8537e56544d981803139155afa84f76eeebb7a546"
 
 [[package]]
 name = "zcash_address"
-version = "0.3.0"
+version = "0.3.1"
 dependencies = [
  "assert_matches",
  "bech32",
diff --git a/components/zcash_address/CHANGELOG.md b/components/zcash_address/CHANGELOG.md
index f48573e65..780712c60 100644
--- a/components/zcash_address/CHANGELOG.md
+++ b/components/zcash_address/CHANGELOG.md
@@ -6,6 +6,8 @@ and this library adheres to Rust's notion of
 [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
 ## [Unreleased]
+
+## [0.3.1] - 2024-01-12
 ### Fixed
 - Stubs for `zcash_address::convert` traits that are created by `rust-analyzer`
   and similar LSPs no longer reference crate-private type aliases.
diff --git a/components/zcash_address/Cargo.toml b/components/zcash_address/Cargo.toml
index ce42780f6..b797ae22d 100644
--- a/components/zcash_address/Cargo.toml
+++ b/components/zcash_address/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 name = "zcash_address"
 description = "Zcash address parsing and serialization"
-version = "0.3.0"
+version = "0.3.1"
 authors = [
     "Jack Grigg <jack@electriccoin.co>",
 ]