diff --git a/Cargo.lock b/Cargo.lock
index 56239f59258e..9700fdcc7cb1 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2612,9 +2612,9 @@ dependencies = [
 
 [[package]]
 name = "erased-serde"
-version = "0.3.12"
+version = "0.3.21"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "6ca8b296792113e1500fd935ae487be6e00ce318952a6880555554824d6ebf38"
+checksum = "81d013529d5574a60caeda29e179e695125448e5de52e3874f7b4c1d7360e18e"
 dependencies = [
  "serde",
 ]
diff --git a/common/logger/Cargo.toml b/common/logger/Cargo.toml
index 2966b16de213..174e8466d445 100644
--- a/common/logger/Cargo.toml
+++ b/common/logger/Cargo.toml
@@ -14,7 +14,7 @@ edition = "2018"
 [dependencies]
 backtrace = { version = "0.3", features = ["serde"] }
 chrono = "0.4.19"
-erased-serde = "0.3.12"
+erased-serde = "0.3.21"
 hostname = "0.3.1"
 diem-log-derive = { path = "derive", version = "0.1.0" }
 diem-infallible = { path = "../infallible", version = "0.1.0" }