diff --git a/Cargo.lock b/Cargo.lock
index 30e303db5b3..387d578eb11 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4103,9 +4103,9 @@ dependencies = [
 
 [[package]]
 name = "serde_with"
-version = "2.3.1"
+version = "2.3.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "85456ffac572dc8826334164f2fb6fb40a7c766aebe195a2a21ee69ee2885ecf"
+checksum = "331bb8c3bf9b92457ab7abecf07078c13f7d270ba490103e84e8b014490cd0b0"
 dependencies = [
  "base64 0.13.1",
  "chrono",
@@ -4113,7 +4113,7 @@ dependencies = [
  "indexmap",
  "serde",
  "serde_json",
- "serde_with_macros 2.3.1",
+ "serde_with_macros 2.3.2",
  "time 0.3.20",
 ]
 
@@ -4131,9 +4131,9 @@ dependencies = [
 
 [[package]]
 name = "serde_with_macros"
-version = "2.3.1"
+version = "2.3.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "7cbcd6104f8a4ab6af7f6be2a0da6be86b9de3c401f6e86bb856ab2af739232f"
+checksum = "859011bddcc11f289f07f467cc1fe01c7a941daa4d8f6c40d4d1c92eb6d9319c"
 dependencies = [
  "darling 0.14.4",
  "proc-macro2 1.0.53",
@@ -5692,7 +5692,7 @@ dependencies = [
  "secp256k1",
  "serde",
  "serde-big-array",
- "serde_with 2.3.1",
+ "serde_with 2.3.2",
  "sha2 0.9.9",
  "spandoc",
  "static_assertions",
diff --git a/zebra-chain/Cargo.toml b/zebra-chain/Cargo.toml
index 5eb262c198f..88139785a77 100644
--- a/zebra-chain/Cargo.toml
+++ b/zebra-chain/Cargo.toml
@@ -75,7 +75,7 @@ tracing = "0.1.37"
 # Serialization
 hex = { version = "0.4.3", features = ["serde"] }
 serde = { version = "1.0.159", features = ["serde_derive", "rc"] }
-serde_with = "2.3.1"
+serde_with = "2.3.2"
 serde-big-array = "0.5.1"
 
 # Processing