diff --git a/src/bootstrap/channel.rs b/src/bootstrap/channel.rs
index 51a9b0e0a52e1..2a461170b5cce 100644
--- a/src/bootstrap/channel.rs
+++ b/src/bootstrap/channel.rs
@@ -13,7 +13,7 @@ use build_helper::output;
 use crate::Build;
 
 // The version number
-pub const CFG_RELEASE_NUM: &str = "1.47.0";
+pub const CFG_RELEASE_NUM: &str = "1.48.0";
 
 pub struct GitInfo {
     inner: Option<Info>,
diff --git a/src/stage0.txt b/src/stage0.txt
index 4234ce4bac07d..f695b75c24d11 100644
--- a/src/stage0.txt
+++ b/src/stage0.txt
@@ -12,7 +12,7 @@
 # source tarball for a stable release you'll likely see `1.x.0` for rustc and
 # `0.(x+1).0` for Cargo where they were released on `date`.
 
-date: 2020-07-16
+date: 2020-08-26
 rustc: beta
 cargo: beta