diff --git a/cyw43-pio/CHANGELOG.md b/cyw43-pio/CHANGELOG.md
index e65ca5679..4d56973df 100644
--- a/cyw43-pio/CHANGELOG.md
+++ b/cyw43-pio/CHANGELOG.md
@@ -7,6 +7,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## Unreleased
 
+- Update embassy-rp to 0.4.0
+
 ## 0.3.0 - 2025-01-05
 
 - Update embassy-time to 0.4.0
diff --git a/cyw43-pio/Cargo.toml b/cyw43-pio/Cargo.toml
index 2397c76d3..600caf5ed 100644
--- a/cyw43-pio/Cargo.toml
+++ b/cyw43-pio/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "cyw43-pio"
-version = "0.3.0"
+version = "0.4.0"
 edition = "2021"
 description = "RP2040 PIO SPI implementation for cyw43"
 keywords = ["embedded", "cyw43", "embassy-net", "embedded-hal-async", "wifi"]
@@ -11,7 +11,7 @@ documentation = "https://docs.embassy.dev/cyw43-pio"
 
 [dependencies]
 cyw43 = { version = "0.3.0", path = "../cyw43" }
-embassy-rp = { version = "0.3.0", path = "../embassy-rp" }
+embassy-rp = { version = "0.4.0", path = "../embassy-rp" }
 fixed = "1.23.1"
 defmt = { version = "0.3", optional = true }
 
diff --git a/examples/rp/Cargo.toml b/examples/rp/Cargo.toml
index ad185f52a..cde804a15 100644
--- a/examples/rp/Cargo.toml
+++ b/examples/rp/Cargo.toml
@@ -17,7 +17,7 @@ embassy-net-wiznet = { version = "0.2.0", path = "../../embassy-net-wiznet", fea
 embassy-futures = { version = "0.1.0", path = "../../embassy-futures" }
 embassy-usb-logger = { version = "0.4.0", path = "../../embassy-usb-logger" }
 cyw43 = { version = "0.3.0", path = "../../cyw43", features = ["defmt", "firmware-logs"] }
-cyw43-pio = { version = "0.3.0", path = "../../cyw43-pio", features = ["defmt"] }
+cyw43-pio = { version = "0.4.0", path = "../../cyw43-pio", features = ["defmt"] }
 
 defmt = "0.3"
 defmt-rtt = "0.4"
diff --git a/examples/rp235x/Cargo.toml b/examples/rp235x/Cargo.toml
index b8d4a62e9..4e9c93e7c 100644
--- a/examples/rp235x/Cargo.toml
+++ b/examples/rp235x/Cargo.toml
@@ -17,7 +17,7 @@ embassy-net-wiznet = { version = "0.2.0", path = "../../embassy-net-wiznet", fea
 embassy-futures = { version = "0.1.0", path = "../../embassy-futures" }
 embassy-usb-logger = { version = "0.4.0", path = "../../embassy-usb-logger" }
 cyw43 = { version = "0.3.0", path = "../../cyw43", features = ["defmt", "firmware-logs"] }
-cyw43-pio = { version = "0.3.0", path = "../../cyw43-pio", features = ["defmt"] }
+cyw43-pio = { version = "0.4.0", path = "../../cyw43-pio", features = ["defmt"] }
 
 defmt = "0.3"
 defmt-rtt = "0.4"