diff --git a/manta-pay/Cargo.toml b/manta-pay/Cargo.toml
index e75d342b2..879acc519 100644
--- a/manta-pay/Cargo.toml
+++ b/manta-pay/Cargo.toml
@@ -110,7 +110,7 @@ websocket = [
 [dependencies]
 aes-gcm = { version = "0.9.4", default-features = false, features = ["aes", "alloc"] }
 bip0039 = { version = "0.10.1", optional = true, default-features = false }
-bip32 = { version = "0.4.0", optional = true, default-features = false, features = ["bip39", "secp256k1"] }
+bip32 = { version = "0.3.0", optional = true, default-features = false, features = ["bip39", "secp256k1"] }
 blake2 = { version = "0.10.6", default-features = false }
 bs58 = { version = "0.4.0", optional = true, default-features = false, features = ["alloc"] }
 clap = { version = "3.2.23", optional = true, default-features = false, features = ["color", "derive", "std", "suggestions", "unicode", "wrap_help"] }