diff --git a/Cargo.toml b/Cargo.toml
index 1d4128b..14d5462 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -20,7 +20,7 @@ serde_json = "1.0"
 serde_with = "1.0"
 serde_bytes = "0.11.2"
 time = "*"
-secp256k1 = { version = "0.15.0", features = ["rand", "serde"] }
+secp256k1 = { version = "0.16.0", features = ["rand", "serde"] }
 sha2 = { version = "0.8", default-features = false }
 
 [lib]