diff --git a/package.json b/package.json
index 76d5ddb..bb52446 100644
--- a/package.json
+++ b/package.json
@@ -37,10 +37,10 @@
         "build": "truffle compile && typechain --target truffle --outDir types/truffle-contracts './build/contracts/*.json'"
     },
     "peerDependencies": {
-        "@openzeppelin/contracts": "3.1.0"
+        "@openzeppelin/contracts": "3.2.0"
     },
     "devDependencies": {
-        "@openzeppelin/contracts": "3.1.0",
+        "@openzeppelin/contracts": "3.2.0",
         "@openzeppelin/test-helpers": "0.5.6",
         "@truffle/hdwallet-provider": "1.0.44",
         "@types/bignumber.js": "5.0.0",
diff --git a/yarn.lock b/yarn.lock
index e240647..8dd9045 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -193,10 +193,10 @@
     fs-extra "^8.1.0"
     try-require "^1.2.1"
 
-"@openzeppelin/contracts@3.1.0":
-  version "3.1.0"
-  resolved "https://registry.yarnpkg.com/@openzeppelin/contracts/-/contracts-3.1.0.tgz#bcea457ef89069fbe5a617f50b25b6a8272895d5"
-  integrity sha512-dVXDnUKxrAKLzPdCRkz+N8qsVkK1XxJ6kk3zuI6zaQmcKxN7CkizoDP7lXxcs/Mi2I0mxceTRjJBqlzFffLJrQ==
+"@openzeppelin/contracts@3.2.0":
+  version "3.2.0"
+  resolved "https://registry.yarnpkg.com/@openzeppelin/contracts/-/contracts-3.2.0.tgz#3e6b3a7662d8ed64271ade96ef42655db983fd9d"
+  integrity sha512-bUOmkSoPkjnUyMiKo6RYnb0VHBk5D9KKDAgNLzF41aqAM3TeE0yGdFF5dVRcV60pZdJLlyFT/jjXIZCWyyEzAQ==
 
 "@openzeppelin/test-helpers@0.5.6":
   version "0.5.6"