diff --git a/payloads/external/U-Boot/Kconfig b/payloads/external/U-Boot/Kconfig
index 06b4b73849..ccd8006e60 100644
--- a/payloads/external/U-Boot/Kconfig
+++ b/payloads/external/U-Boot/Kconfig
@@ -7,14 +7,14 @@ config PAYLOAD_SPECIFIC_OPTIONS
 
 config UBOOT_STABLE_COMMIT_ID
 	string
-	default "v2021.07"
+	default "v2023.07"
 
 choice
 	prompt "U-Boot version"
 	default UBOOT_STABLE
 
 config UBOOT_STABLE
-	bool "v2021.07"
+	bool "v2023.07"
 	help
 	  Stable U-Boot version