diff --git a/Cargo.lock b/Cargo.lock
index c191720e..c2d38af8 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -218,6 +218,12 @@ version = "0.13.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "9e1b586273c5702936fe7b7d6896644d8be71e6314cfe09d3167c95f712589e8"
 
+[[package]]
+name = "base64"
+version = "0.20.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "0ea22880d78093b0cbe17c89f64a7d457941e65759157ec6cb31a31d652b05e5"
+
 [[package]]
 name = "bdk"
 version = "0.25.0"
@@ -4016,7 +4022,7 @@ dependencies = [
  "async-trait",
  "atty",
  "backoff",
- "base64 0.13.1",
+ "base64 0.20.0",
  "bdk",
  "big-bytes",
  "bitcoin",
diff --git a/swap/Cargo.toml b/swap/Cargo.toml
index 8e780ca5..b6baa8dc 100644
--- a/swap/Cargo.toml
+++ b/swap/Cargo.toml
@@ -14,7 +14,7 @@ async-compression = { version = "0.3", features = [ "bzip2", "tokio" ] }
 async-trait = "0.1"
 atty = "0.2"
 backoff = { version = "0.4", features = [ "tokio" ] }
-base64 = "0.13"
+base64 = "0.20"
 bdk = "0.25"
 big-bytes = "1"
 bitcoin = { version = "0.29", features = [ "rand", "serde" ] }