diff --git a/Cargo.toml b/Cargo.toml
index 234acac..41de60a 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -15,7 +15,7 @@ incremental = false
 
 [workspace.dependencies]
 cosmwasm-std = { version = "1.5.3" }
-cosmwasm-schema = { version = "1.5.3" }
+cosmwasm-schema = { version = "2.0.3" }
 cw-controllers = { version = "1.1.2" }
 cw-storage-plus = "1.2.0"
 thiserror = { version = "1.0.50" }