diff --git a/examples/bank-accounting/Cargo.toml b/examples/bank-accounting/Cargo.toml
index e1fd53e0..ffec19e4 100644
--- a/examples/bank-accounting/Cargo.toml
+++ b/examples/bank-accounting/Cargo.toml
@@ -14,7 +14,7 @@ eventually = { path = "../../eventually", features = [
 ] }
 eventually-macros = { path = "../../eventually-macros" }
 eventually-postgres = { path = "../../eventually-postgres" }
-opentelemetry = "0.21.0"
+opentelemetry = "0.23.0"
 opentelemetry-otlp = "0.14.0"
 opentelemetry_sdk = { version = "0.21.2", features = ["rt-tokio"] }
 prost = "0.12.3"