diff --git a/Cargo.lock b/Cargo.lock
index 7a7c13d13..5a1d22916 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -138,7 +138,7 @@ version = "1.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 dependencies = [
  "byteorder 1.3.1 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
 ]
 
 [[package]]
@@ -232,7 +232,7 @@ version = "0.11.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 dependencies = [
  "feature-probe 0.1.1 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
 ]
 
 [[package]]
@@ -292,7 +292,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 dependencies = [
  "num-integer 0.1.39 (registry+https://github.com/rust-lang/crates.io-index)",
  "num-traits 0.2.6 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
  "time 0.1.42 (registry+https://github.com/rust-lang/crates.io-index)",
 ]
 
@@ -579,7 +579,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 dependencies = [
  "lazy_static 1.2.0 (registry+https://github.com/rust-lang/crates.io-index)",
  "log 0.4.6 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_json 1.0.38 (registry+https://github.com/rust-lang/crates.io-index)",
 ]
 
@@ -677,7 +677,7 @@ name = "generic-array"
 version = "0.12.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 dependencies = [
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
  "typenum 1.10.0 (registry+https://github.com/rust-lang/crates.io-index)",
 ]
 
@@ -852,7 +852,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 dependencies = [
  "hyper 0.10.15 (registry+https://github.com/rust-lang/crates.io-index)",
  "hyper-native-tls 0.3.0 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_derive 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_json 1.0.38 (registry+https://github.com/rust-lang/crates.io-index)",
 ]
@@ -1648,7 +1648,7 @@ dependencies = [
  "mime 0.3.13 (registry+https://github.com/rust-lang/crates.io-index)",
  "mime_guess 2.0.0-alpha.6 (registry+https://github.com/rust-lang/crates.io-index)",
  "native-tls 0.2.2 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_json 1.0.38 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_urlencoded 0.5.4 (registry+https://github.com/rust-lang/crates.io-index)",
  "tokio 0.1.15 (registry+https://github.com/rust-lang/crates.io-index)",
@@ -1777,7 +1777,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 
 [[package]]
 name = "serde"
-version = "1.0.85"
+version = "1.0.87"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 dependencies = [
  "serde_derive 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
@@ -1800,7 +1800,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 dependencies = [
  "itoa 0.4.3 (registry+https://github.com/rust-lang/crates.io-index)",
  "ryu 0.2.7 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
 ]
 
 [[package]]
@@ -1810,7 +1810,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 dependencies = [
  "dtoa 0.4.3 (registry+https://github.com/rust-lang/crates.io-index)",
  "itoa 0.4.3 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
  "url 1.7.2 (registry+https://github.com/rust-lang/crates.io-index)",
 ]
 
@@ -1894,7 +1894,7 @@ dependencies = [
  "reqwest 0.9.9 (registry+https://github.com/rust-lang/crates.io-index)",
  "ring 0.13.5 (registry+https://github.com/rust-lang/crates.io-index)",
  "rocksdb 0.11.0 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_derive 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_json 1.0.38 (registry+https://github.com/rust-lang/crates.io-index)",
  "solana-drone 0.12.0",
@@ -1949,7 +1949,7 @@ dependencies = [
  "elf 0.0.10 (registry+https://github.com/rust-lang/crates.io-index)",
  "libc 0.2.48 (registry+https://github.com/rust-lang/crates.io-index)",
  "log 0.4.6 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
  "solana-logger 0.12.0",
  "solana-sdk 0.12.0",
  "solana_rbpf 0.1.9 (registry+https://github.com/rust-lang/crates.io-index)",
@@ -1963,7 +1963,7 @@ dependencies = [
  "bincode 1.0.1 (registry+https://github.com/rust-lang/crates.io-index)",
  "chrono 0.4.6 (registry+https://github.com/rust-lang/crates.io-index)",
  "log 0.4.6 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_derive 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
  "solana-logger 0.12.0",
  "solana-sdk 0.12.0",
@@ -1978,7 +1978,7 @@ dependencies = [
  "bytes 0.4.11 (registry+https://github.com/rust-lang/crates.io-index)",
  "clap 2.32.0 (registry+https://github.com/rust-lang/crates.io-index)",
  "log 0.4.6 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_derive 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
  "solana-logger 0.12.0",
  "solana-metrics 0.12.0",
@@ -1993,7 +1993,7 @@ version = "0.12.0"
 dependencies = [
  "bincode 1.0.1 (registry+https://github.com/rust-lang/crates.io-index)",
  "log 0.4.6 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_derive 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
  "solana-logger 0.12.0",
  "solana-sdk 0.12.0",
@@ -2023,7 +2023,7 @@ dependencies = [
  "clap 2.32.0 (registry+https://github.com/rust-lang/crates.io-index)",
  "dirs 1.0.4 (registry+https://github.com/rust-lang/crates.io-index)",
  "log 0.4.6 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_derive 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_json 1.0.38 (registry+https://github.com/rust-lang/crates.io-index)",
  "solana-netutil 0.12.0",
@@ -2048,7 +2048,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 dependencies = [
  "futures 0.1.25 (registry+https://github.com/rust-lang/crates.io-index)",
  "log 0.4.6 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_derive 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_json 1.0.38 (registry+https://github.com/rust-lang/crates.io-index)",
 ]
@@ -2071,7 +2071,7 @@ name = "solana-jsonrpc-macros"
 version = "0.4.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 dependencies = [
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
  "solana-jsonrpc-core 0.4.0 (registry+https://github.com/rust-lang/crates.io-index)",
  "solana-jsonrpc-pubsub 0.4.0 (registry+https://github.com/rust-lang/crates.io-index)",
 ]
@@ -2151,7 +2151,7 @@ dependencies = [
  "bincode 1.0.1 (registry+https://github.com/rust-lang/crates.io-index)",
  "log 0.4.6 (registry+https://github.com/rust-lang/crates.io-index)",
  "rlua 0.15.3 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_derive 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
  "solana-logger 0.12.0",
  "solana-sdk 0.12.0",
@@ -2239,7 +2239,7 @@ dependencies = [
  "generic-array 0.12.0 (registry+https://github.com/rust-lang/crates.io-index)",
  "log 0.4.6 (registry+https://github.com/rust-lang/crates.io-index)",
  "ring 0.13.5 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_derive 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_json 1.0.38 (registry+https://github.com/rust-lang/crates.io-index)",
  "sha2 0.8.0 (registry+https://github.com/rust-lang/crates.io-index)",
@@ -2252,7 +2252,7 @@ version = "0.12.0"
 dependencies = [
  "bincode 1.0.1 (registry+https://github.com/rust-lang/crates.io-index)",
  "log 0.4.6 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_derive 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
  "solana-logger 0.12.0",
  "solana-sdk 0.12.0",
@@ -2264,7 +2264,7 @@ version = "0.12.0"
 dependencies = [
  "bincode 1.0.1 (registry+https://github.com/rust-lang/crates.io-index)",
  "log 0.4.6 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
  "solana-sdk 0.12.0",
 ]
 
@@ -2282,7 +2282,7 @@ version = "0.12.0"
 dependencies = [
  "bincode 1.0.1 (registry+https://github.com/rust-lang/crates.io-index)",
  "log 0.4.6 (registry+https://github.com/rust-lang/crates.io-index)",
- "serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_derive 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)",
  "solana-logger 0.12.0",
  "solana-metrics 0.12.0",
@@ -3055,7 +3055,7 @@ dependencies = [
 "checksum security-framework-sys 0.2.2 (registry+https://github.com/rust-lang/crates.io-index)" = "40d95f3d7da09612affe897f320d78264f0d2320f3e8eea27d12bd1bd94445e2"
 "checksum semver 0.9.0 (registry+https://github.com/rust-lang/crates.io-index)" = "1d7eb9ef2c18661902cc47e535f9bc51b78acd254da71d375c2f6720d9a40403"
 "checksum semver-parser 0.7.0 (registry+https://github.com/rust-lang/crates.io-index)" = "388a1df253eca08550bef6c72392cfe7c30914bf41df5269b68cbd6ff8f570a3"
-"checksum serde 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)" = "534b8b91a95e0f71bca3ed5824752d558da048d4248c91af873b63bd60519752"
+"checksum serde 1.0.87 (registry+https://github.com/rust-lang/crates.io-index)" = "2e20fde37801e83c891a2dc4ebd3b81f0da4d1fb67a9e0a2a3b921e2536a58ee"
 "checksum serde_derive 1.0.85 (registry+https://github.com/rust-lang/crates.io-index)" = "a915306b0f1ac5607797697148c223bedeaa36bcc2e28a01441cd638cc6567b4"
 "checksum serde_json 1.0.38 (registry+https://github.com/rust-lang/crates.io-index)" = "27dce848e7467aa0e2fcaf0a413641499c0b745452aaca1194d24dedde9e13c9"
 "checksum serde_urlencoded 0.5.4 (registry+https://github.com/rust-lang/crates.io-index)" = "d48f9f99cd749a2de71d29da5f948de7f2764cc5a9d7f3c97e3514d4ee6eabf2"
diff --git a/Cargo.toml b/Cargo.toml
index 4bf3b0e5f..66f114df1 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -42,7 +42,7 @@ rayon = "1.0.0"
 reqwest = "0.9.9"
 ring = "0.13.2"
 rocksdb = "0.11.0"
-serde = "1.0.85"
+serde = "1.0.87"
 serde_derive = "1.0.85"
 serde_json = "1.0.38"
 solana-drone = { path = "drone", version = "0.12.0" }
diff --git a/drone/Cargo.toml b/drone/Cargo.toml
index bcbb2bc6a..1e4ae45f5 100644
--- a/drone/Cargo.toml
+++ b/drone/Cargo.toml
@@ -14,7 +14,7 @@ bytes = "0.4"
 byteorder = "1.3.1"
 clap = "2.31"
 log = "0.4.2"
-serde = "1.0.85"
+serde = "1.0.87"
 serde_derive = "1.0.85"
 solana-logger = { path = "../logger", version = "0.12.0" }
 solana-sdk = { path = "../sdk", version = "0.12.0" }
diff --git a/fullnode-config/Cargo.toml b/fullnode-config/Cargo.toml
index 3a0ccb49e..8abc85a97 100644
--- a/fullnode-config/Cargo.toml
+++ b/fullnode-config/Cargo.toml
@@ -12,7 +12,7 @@ homepage = "https://solana.com/"
 clap = "2.32.0"
 dirs = "1.0.2"
 log = "0.4.2"
-serde = "1.0.85"
+serde = "1.0.87"
 serde_derive = "1.0.85"
 serde_json = "1.0.38"
 solana-netutil = { path = "../netutil", version = "0.12.0" }
diff --git a/programs/native/bpf_loader/Cargo.toml b/programs/native/bpf_loader/Cargo.toml
index 5372b1930..faf18452a 100644
--- a/programs/native/bpf_loader/Cargo.toml
+++ b/programs/native/bpf_loader/Cargo.toml
@@ -19,7 +19,7 @@ elf = "0.0.10"
 libc = "0.2.48"
 log = "0.4.2"
 solana_rbpf = "=0.1.9"
-serde = "1.0.85"
+serde = "1.0.87"
 solana-logger = { path = "../../../logger", version = "0.12.0" }
 solana-sdk = { path = "../../../sdk", version = "0.12.0" }
 
diff --git a/programs/native/budget/Cargo.toml b/programs/native/budget/Cargo.toml
index 20a1d276f..8b1217967 100644
--- a/programs/native/budget/Cargo.toml
+++ b/programs/native/budget/Cargo.toml
@@ -12,7 +12,7 @@ edition = "2018"
 bincode = "1.0.0"
 chrono = { version = "0.4.0", features = ["serde"] }
 log = "0.4.2"
-serde = "1.0.85"
+serde = "1.0.87"
 serde_derive = "1.0.85"
 solana-logger = { path = "../../../logger", version = "0.12.0" }
 solana-sdk = { path = "../../../sdk", version = "0.12.0" }
diff --git a/programs/native/erc20/Cargo.toml b/programs/native/erc20/Cargo.toml
index e936244e0..1aa0e3724 100644
--- a/programs/native/erc20/Cargo.toml
+++ b/programs/native/erc20/Cargo.toml
@@ -11,7 +11,7 @@ edition = "2018"
 [dependencies]
 bincode = "1.0.0"
 log = "0.4.2"
-serde = "1.0.85"
+serde = "1.0.87"
 serde_derive = "1.0.85"
 solana-logger = { path = "../../../logger", version = "0.12.0" }
 solana-sdk = { path = "../../../sdk", version = "0.12.0" }
diff --git a/programs/native/lua_loader/Cargo.toml b/programs/native/lua_loader/Cargo.toml
index 9ebf09cde..2dc7b64ce 100644
--- a/programs/native/lua_loader/Cargo.toml
+++ b/programs/native/lua_loader/Cargo.toml
@@ -12,7 +12,7 @@ edition = "2018"
 bincode = "1.0.0"
 log = "0.4.2"
 rlua = "0.15.2"
-serde = "1.0.85"
+serde = "1.0.87"
 serde_derive = "1.0.85"
 solana-logger = { path = "../../../logger", version = "0.12.0" }
 solana-sdk = { path = "../../../sdk", version = "0.12.0" }
diff --git a/programs/native/storage/Cargo.toml b/programs/native/storage/Cargo.toml
index 68636eebf..c74729927 100644
--- a/programs/native/storage/Cargo.toml
+++ b/programs/native/storage/Cargo.toml
@@ -11,7 +11,7 @@ edition = "2018"
 [dependencies]
 bincode = "1.0.0"
 log = "0.4.2"
-serde = "1.0.85"
+serde = "1.0.87"
 serde_derive = "1.0.85"
 solana-logger = { path = "../../../logger", version = "0.12.0" }
 solana-sdk = { path = "../../../sdk", version = "0.12.0" }
diff --git a/programs/native/system/Cargo.toml b/programs/native/system/Cargo.toml
index de611f6c6..e05c082d5 100644
--- a/programs/native/system/Cargo.toml
+++ b/programs/native/system/Cargo.toml
@@ -11,7 +11,7 @@ edition = "2018"
 [dependencies]
 bincode = "1.0.0"
 log = "0.4.2"
-serde = "1.0.85"
+serde = "1.0.87"
 solana-sdk = { path = "../../../sdk", version = "0.12.0" }
 
 [lib]
diff --git a/programs/native/vote/Cargo.toml b/programs/native/vote/Cargo.toml
index b8c365a7f..a0f7edc7e 100644
--- a/programs/native/vote/Cargo.toml
+++ b/programs/native/vote/Cargo.toml
@@ -11,7 +11,7 @@ edition = "2018"
 [dependencies]
 bincode = "1.0.0"
 log = "0.4.2"
-serde = "1.0.85"
+serde = "1.0.87"
 serde_derive = "1.0.85"
 solana-logger = { path = "../../../logger", version = "0.12.0" }
 solana-metrics = { path = "../../../metrics", version = "0.12.0" }
diff --git a/sdk/Cargo.toml b/sdk/Cargo.toml
index 6b4f7b262..21ad4d8cf 100644
--- a/sdk/Cargo.toml
+++ b/sdk/Cargo.toml
@@ -17,7 +17,7 @@ generic-array = { version = "0.12.0", default-features = false, features = ["ser
 log = "0.4.2"
 ring = "0.13.2"
 sha2 = "0.8.0"
-serde = "1.0.85"
+serde = "1.0.87"
 serde_derive = "1.0.85"
 serde_json = "1.0.38"
 untrusted = "0.6.2"