diff --git a/package.json b/package.json
index 6b6512f..7541f43 100644
--- a/package.json
+++ b/package.json
@@ -14,7 +14,7 @@
     "url": "https://github.com/interledgerjs/moneyd"
   },
   "dependencies": {
-    "chalk": "^2.3.0",
+    "chalk": "^4.0.0",
     "ilp-connector": "^23.0.0",
     "ilp-plugin-mini-accounts": "^3.5.1",
     "ilp-store-memory": "^1.0.0",