diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2d67d51f17..aa1000078a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -40,8 +40,8 @@ Ref: https://keepachangelog.com/en/1.0.0/
 
 ### State Machine Breaking
 
+* (deps) [#1361](https://github.com/evmos/ethermint/pull/1361) Bump ibc-go to [`v5.0.0`](https://github.com/cosmos/ibc-go/releases/tag/v5.0.0)
 * (evm) [\#1272](https://github.com/evmos/ethermint/pull/1272) Implement modular interface for the EVM.
-* (deps) [#1167](https://github.com/evmos/ethermint/pull/1167) Bump ibc-go to [`v4.0.0-rc2`](https://github.com/cosmos/ibc-go/releases/tag/v4.0.0-rc2)
 * (deps) [#1168](https://github.com/evmos/ethermint/pull/1168) Upgrade Cosmos SDK to `v0.46`.
 * (feemarket) [#1194](https://github.com/evmos/ethermint/pull/1194) Apply feemarket to native cosmos tx.
 * (eth) [#1346](https://github.com/evmos/ethermint/pull/1346) Added support for `sdk.Dec` and `ed25519` type on eip712.
diff --git a/go.mod b/go.mod
index 17dff0b441..164d44580a 100644
--- a/go.mod
+++ b/go.mod
@@ -9,7 +9,7 @@ require (
 	github.com/btcsuite/btcutil v1.0.3-0.20201208143702-a53e38424cce
 	github.com/cosmos/cosmos-sdk v0.46.2-0.20220920160224-9454b97ccb77
 	github.com/cosmos/go-bip39 v1.0.0
-	github.com/cosmos/ibc-go/v5 v5.0.0-rc2
+	github.com/cosmos/ibc-go/v5 v5.0.0
 	github.com/davecgh/go-spew v1.1.1
 	github.com/ethereum/go-ethereum v1.10.19
 	github.com/gogo/protobuf v1.3.3
diff --git a/go.sum b/go.sum
index 2c505e1381..6c3eed4a9a 100644
--- a/go.sum
+++ b/go.sum
@@ -261,8 +261,8 @@ github.com/cosmos/gorocksdb v1.2.0 h1:d0l3jJG8M4hBouIZq0mDUHZ+zjOx044J3nGRskwTb4
 github.com/cosmos/gorocksdb v1.2.0/go.mod h1:aaKvKItm514hKfNJpUJXnnOWeBnk2GL4+Qw9NHizILw=
 github.com/cosmos/iavl v0.19.2-0.20220916140702-9b6be3095313 h1:R7CnaI/0OLwOusy7n9750n8fqQ3yCQ8OJQI2L3ws9RA=
 github.com/cosmos/iavl v0.19.2-0.20220916140702-9b6be3095313/go.mod h1:X9PKD3J0iFxdmgNLa7b2LYWdsGd90ToV5cAONApkEPw=
-github.com/cosmos/ibc-go/v5 v5.0.0-rc2 h1:7rGkZwojUwK1Dvgze3ZP5K1upIKygudxU3WaeFFU2ts=
-github.com/cosmos/ibc-go/v5 v5.0.0-rc2/go.mod h1:Wqsguq98Iuns8tgTv8+xaGYbC+Q8zJfbpjzT6IgMJbs=
+github.com/cosmos/ibc-go/v5 v5.0.0 h1:MkObdarpoICPHXoRg/Ne9NRix4j7eQlJZq74/uzH3Zc=
+github.com/cosmos/ibc-go/v5 v5.0.0/go.mod h1:Wqsguq98Iuns8tgTv8+xaGYbC+Q8zJfbpjzT6IgMJbs=
 github.com/cosmos/keyring v1.1.7-0.20210622111912-ef00f8ac3d76 h1:DdzS1m6o/pCqeZ8VOAit/gyATedRgjvkVI+UCrLpyuU=
 github.com/cosmos/keyring v1.1.7-0.20210622111912-ef00f8ac3d76/go.mod h1:0mkLWIoZuQ7uBoospo5Q9zIpqq6rYCPJDSUdeCJvPM8=
 github.com/cosmos/ledger-cosmos-go v0.11.1 h1:9JIYsGnXP613pb2vPjFeMMjBI5lEDsEaF6oYorTy6J4=