diff --git a/packages/sdk/src/testutils.spec.ts b/packages/sdk/src/testutils.spec.ts
index 71ea16cd..6c4f4f31 100644
--- a/packages/sdk/src/testutils.spec.ts
+++ b/packages/sdk/src/testutils.spec.ts
@@ -67,9 +67,9 @@ export const bech32AddressMatcher = /^[\x21-\x7e]{1,83}1[02-9ac-hj-np-z]{38}$/;
 /** Deployed as part of scripts/wasmd/init.sh */
 export const deployedErc20 = {
   codeId: 1,
-  source: "https://crates.io/api/v1/crates/cw-erc20/0.2.0/download",
-  builder: "confio/cosmwasm-opt:0.7.0",
-  checksum: "aff8c8873d79d2153a8b9066a0683fec3c903669267eb806ffa831dcd4b3daae",
+  source: "https://crates.io/api/v1/crates/cw-erc20/0.3.0/download",
+  builder: "confio/cosmwasm-opt:0.7.3",
+  checksum: "3dfa55f790a636c11ae2936473734a4d271d441f32d0cfcd7ac19c17b162f85b",
   instances: [
     "cosmos18vd8fpwxzck93qlwghaj6arh4p7c5n89uzcee5", // HASH
     "cosmos1hqrdl6wstt8qzshwc6mrumpjk9338k0lr4dqxd", // ISA
diff --git a/scripts/wasmd/contracts/checksums.sha256 b/scripts/wasmd/contracts/checksums.sha256
index a7afcb40..60788397 100644
--- a/scripts/wasmd/contracts/checksums.sha256
+++ b/scripts/wasmd/contracts/checksums.sha256
@@ -1,2 +1,2 @@
-aff8c8873d79d2153a8b9066a0683fec3c903669267eb806ffa831dcd4b3daae  cw-erc20.wasm
+3dfa55f790a636c11ae2936473734a4d271d441f32d0cfcd7ac19c17b162f85b  cw-erc20.wasm
 d5dde423d321f7d3793a9b1667d06ac86c7f57dfbd2534a9c790963e1c2955ed  cw-nameservice.wasm
diff --git a/scripts/wasmd/contracts/cw-erc20.wasm b/scripts/wasmd/contracts/cw-erc20.wasm
index 57620ca6..1140185d 100644
Binary files a/scripts/wasmd/contracts/cw-erc20.wasm and b/scripts/wasmd/contracts/cw-erc20.wasm differ
diff --git a/scripts/wasmd/deploy_erc20.js b/scripts/wasmd/deploy_erc20.js
index 0e513945..91ab3010 100755
--- a/scripts/wasmd/deploy_erc20.js
+++ b/scripts/wasmd/deploy_erc20.js
@@ -18,8 +18,8 @@ const guest = {
 };
 
 const codeMeta = {
-  source: "https://crates.io/api/v1/crates/cw-erc20/0.2.0/download",
-  builder: "confio/cosmwasm-opt:0.7.0",
+  source: "https://crates.io/api/v1/crates/cw-erc20/0.3.0/download",
+  builder: "confio/cosmwasm-opt:0.7.3",
 };
 
 const initMsgHash = {
diff --git a/scripts/wasmd/env b/scripts/wasmd/env
index 3ea3d1cb..018575df 100644
--- a/scripts/wasmd/env
+++ b/scripts/wasmd/env
@@ -1,5 +1,5 @@
 # Choose from https://hub.docker.com/r/cosmwasm/wasmd-demo/tags
 REPOSITORY="cosmwasm/wasmd-demo"
-VERSION="v0.7.0-rc3"
+VERSION="v0.7.0"
 
 CONTAINER_NAME="wasmd"