diff --git a/CHANGELOG.md b/CHANGELOG.md
index dba48ede..97363c6c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [3.2.1] - 2025-10-21
+
 - ASB + GUI + CLI: Fix an issue where the internal Tor client would fail to choose guards. This would prevent all Tor traffic from working. We temporarily fix this by forcing new guards to be chosen on every startup. This will be reverted once the issue is fixed [upstream](https://gitlab.torproject.org/tpo/core/arti/-/issues/2079)
 - CLI: Remove the `--debug` flag
 
@@ -696,7 +698,8 @@ It is possible to migrate critical data from the old db to the sqlite but there
 - Fixed an issue where Alice would not verify if Bob's Bitcoin lock transaction is semantically correct, i.e. pays the agreed upon amount to an output owned by both of them.
   Fixing this required a **breaking change** on the network layer and hence old versions are not compatible with this version.
 
-[unreleased]: https://github.com/eigenwallet/core/compare/3.2.0-rc.4...HEAD
+[unreleased]: https://github.com/eigenwallet/core/compare/3.2.1...HEAD
+[3.2.1]: https://github.com/eigenwallet/core/compare/3.2.0-rc.4...3.2.1
 [3.2.0-rc.4]: https://github.com/eigenwallet/core/compare/3.0.0-rc.3...3.2.0-rc.4
 [3.0.0-rc.3]: https://github.com/eigenwallet/core/compare/3.2.0-rc.2...3.0.0-rc.3
 [3.2.0-rc.2]: https://github.com/eigenwallet/core/compare/3.2.0-rc.1...3.2.0-rc.2
diff --git a/Cargo.lock b/Cargo.lock
index 31a77ee3..9cb8531a 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -11091,7 +11091,7 @@ checksum = "734676eb262c623cec13c3155096e08d1f8f29adce39ba17948b18dad1e54142"
 
 [[package]]
 name = "swap"
-version = "3.2.0-rc.4"
+version = "3.2.1"
 dependencies = [
  "anyhow",
  "arti-client",
@@ -11194,7 +11194,7 @@ dependencies = [
 
 [[package]]
 name = "swap-asb"
-version = "3.2.0-rc.4"
+version = "3.2.1"
 dependencies = [
  "anyhow",
  "bitcoin 0.32.7",
@@ -11223,7 +11223,7 @@ dependencies = [
 
 [[package]]
 name = "swap-controller"
-version = "3.2.0-rc.4"
+version = "3.2.1"
 dependencies = [
  "anyhow",
  "clap 4.5.48",
@@ -13977,7 +13977,7 @@ dependencies = [
 
 [[package]]
 name = "unstoppableswap-gui-rs"
-version = "3.2.0-rc.4"
+version = "3.2.1"
 dependencies = [
  "anyhow",
  "dfx-swiss-sdk",
diff --git a/src-tauri/Cargo.toml b/src-tauri/Cargo.toml
index ca8babe1..b91cb77b 100644
--- a/src-tauri/Cargo.toml
+++ b/src-tauri/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "unstoppableswap-gui-rs"
-version = "3.2.0-rc.4"
+version = "3.2.1"
 authors = ["binarybaron", "einliterflasche", "unstoppableswap"]
 edition = "2021"
 description = "GUI for XMR<>BTC Atomic Swaps written in Rust"
diff --git a/src-tauri/tauri.conf.json b/src-tauri/tauri.conf.json
index ee578e85..7d8ded39 100644
--- a/src-tauri/tauri.conf.json
+++ b/src-tauri/tauri.conf.json
@@ -1,6 +1,6 @@
 {
   "productName": "eigenwallet",
-  "version": "3.2.0-rc.4",
+  "version": "3.2.1",
   "identifier": "net.unstoppableswap.gui",
   "build": {
     "devUrl": "http://localhost:1420",
diff --git a/swap-asb/Cargo.toml b/swap-asb/Cargo.toml
index 92fd76ae..bb16c8a6 100644
--- a/swap-asb/Cargo.toml
+++ b/swap-asb/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "swap-asb"
-version = "3.2.0-rc.4"
+version = "3.2.1"
 authors = ["The eigenwallet guys <hello@eigenwallet.org>", "The COMIT guys <hello@comit.network>"]
 edition = "2021"
 description = "ASB (Automated Swap Backend) binary for XMR/BTC atomic swaps."
diff --git a/swap-controller/Cargo.toml b/swap-controller/Cargo.toml
index 64beae83..f040a5e4 100644
--- a/swap-controller/Cargo.toml
+++ b/swap-controller/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "swap-controller"
-version = "3.2.0-rc.4"
+version = "3.2.1"
 edition = "2021"
 
 [[bin]]
diff --git a/swap/Cargo.toml b/swap/Cargo.toml
index 99822d9f..71caf194 100644
--- a/swap/Cargo.toml
+++ b/swap/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "swap"
-version = "3.2.0-rc.4"
+version = "3.2.1"
 authors = ["The COMIT guys <hello@comit.network>"]
 edition = "2021"
 description = "XMR/BTC trustless atomic swaps."