diff --git a/Cargo.lock b/Cargo.lock
index 4e9afa766f..fc8bf01cbc 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3916,9 +3916,9 @@ dependencies = [
 
 [[package]]
 name = "scale-value"
-version = "0.16.0"
+version = "0.16.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "f2cf9738c263c665144177201126bdad39d3d62512152f178f35002228026976"
+checksum = "5ab68da501822d2769c4c5823535f6104a6d4cd15f0d3eba3e647e725294ae22"
 dependencies = [
  "base58",
  "blake2",
diff --git a/Cargo.toml b/Cargo.toml
index a54a9f3547..95b8f5e3a9 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -93,7 +93,7 @@ proc-macro2 = "1.0.86"
 quote = "1.0.36"
 regex = { version = "1.10.5", default-features = false }
 scale-info = { version = "2.11.3", default-features = false }
-scale-value = { version = "0.16.0", default-features = false }
+scale-value = { version = "0.16.1", default-features = false }
 scale-bits = { version = "0.6.0", default-features = false }
 scale-decode = { version = "0.13.1", default-features = false }
 scale-encode = { version = "0.7.1", default-features = false }