diff --git a/interchaintest/go.mod b/interchaintest/go.mod
index fc76a57..8e5f3fd 100644
--- a/interchaintest/go.mod
+++ b/interchaintest/go.mod
@@ -19,7 +19,7 @@ replace (
 )
 
 require (
-	github.com/CosmWasm/wasmd v0.45.0
+	github.com/CosmWasm/wasmd v0.46.0
 	github.com/cosmos/cosmos-sdk v0.47.8
 	github.com/cosmos/gogoproto v1.4.10
 	github.com/cosmos/ibc-go/v7 v7.4.0
@@ -50,7 +50,7 @@ require (
 	github.com/ChainSafe/go-schnorrkel v1.0.0 // indirect
 	github.com/ChainSafe/go-schnorrkel/1 v0.0.0-00010101000000-000000000000 // indirect
 	github.com/ComposableFi/go-subkey/v2 v2.0.0-tm03420 // indirect
-	github.com/CosmWasm/wasmvm v1.5.2 // indirect
+	github.com/CosmWasm/wasmvm v1.5.4 // indirect
 	github.com/FactomProject/basen v0.0.0-20150613233007-fe3947df716e // indirect
 	github.com/FactomProject/btcutilecc v0.0.0-20130527213604-d3a63a5752ec // indirect
 	github.com/Microsoft/go-winio v0.6.0 // indirect
diff --git a/interchaintest/go.sum b/interchaintest/go.sum
index a4c172d..19e2f51 100644
--- a/interchaintest/go.sum
+++ b/interchaintest/go.sum
@@ -220,10 +220,10 @@ github.com/ChainSafe/go-schnorrkel v1.0.0 h1:3aDA67lAykLaG1y3AOjs88dMxC88PgUuHRr
 github.com/ChainSafe/go-schnorrkel v1.0.0/go.mod h1:dpzHYVxLZcp8pjlV+O+UR8K0Hp/z7vcchBSbMBEhCw4=
 github.com/ComposableFi/go-subkey/v2 v2.0.0-tm03420 h1:oknQF/iIhf5lVjbwjsVDzDByupRhga8nhA3NAmwyHDA=
 github.com/ComposableFi/go-subkey/v2 v2.0.0-tm03420/go.mod h1:KYkiMX5AbOlXXYfxkrYPrRPV6EbVUALTQh5ptUOJzu8=
-github.com/CosmWasm/wasmd v0.45.0 h1:9zBqrturKJwC2kVsfHvbrA++EN0PS7UTXCffCGbg6JI=
-github.com/CosmWasm/wasmd v0.45.0/go.mod h1:RnSAiqbNIZu4QhO+0pd7qGZgnYAMBPGmXpzTADag944=
-github.com/CosmWasm/wasmvm v1.5.2 h1:+pKB1Mz9GZVt1vadxB+EDdD1FOz3dMNjIKq/58/lrag=
-github.com/CosmWasm/wasmvm v1.5.2/go.mod h1:Q0bSEtlktzh7W2hhEaifrFp1Erx11ckQZmjq8FLCyys=
+github.com/CosmWasm/wasmd v0.46.0 h1:78kmiobbVE8JWBcM+ssxiFV2cS+4l9lmZQqPAQ0mA04=
+github.com/CosmWasm/wasmd v0.46.0/go.mod h1:BZFz+CFGdLNGomshb3IeccFyD4R+XbnS/mXpytOUyTA=
+github.com/CosmWasm/wasmvm v1.5.4 h1:Opqy65ubJ8bMsT08dn85VjRdsLJVPIAgIXif92qOMGc=
+github.com/CosmWasm/wasmvm v1.5.4/go.mod h1:Q0bSEtlktzh7W2hhEaifrFp1Erx11ckQZmjq8FLCyys=
 github.com/DataDog/datadog-go v3.2.0+incompatible/go.mod h1:LButxg5PwREeZtORoXG3tL4fMGNddJ+vMq1mwgfaqoQ=
 github.com/FactomProject/basen v0.0.0-20150613233007-fe3947df716e h1:ahyvB3q25YnZWly5Gq1ekg6jcmWaGj/vG/MhF4aisoc=
 github.com/FactomProject/basen v0.0.0-20150613233007-fe3947df716e/go.mod h1:kGUqhHd//musdITWjFvNTHn90WG9bMLBEPQZ17Cmlpw=