diff --git a/scripts/wasmd/env b/scripts/wasmd/env
index 30d753ae..618ce744 100644
--- a/scripts/wasmd/env
+++ b/scripts/wasmd/env
@@ -1,5 +1,5 @@
 # Choose from https://hub.docker.com/r/cosmwasm/wasmd/tags
 REPOSITORY="cosmwasm/wasmd"
-VERSION="v0.27.0"
+VERSION="v0.31.0-rc0"
 
 CONTAINER_NAME="wasmd"