diff --git a/ios/Podfile.lock b/ios/Podfile.lock
index 0777ae35e18..b05e7181d0c 100644
--- a/ios/Podfile.lock
+++ b/ios/Podfile.lock
@@ -508,7 +508,7 @@ PODS:
     - React-Core
   - react-native-camera/RN (4.2.1):
     - React-Core
-  - react-native-compat (2.11.3):
+  - react-native-compat (2.12.2):
     - RCT-Folly (= 2021.07.22.00)
     - React-Core
   - react-native-config (1.5.1):
@@ -1179,7 +1179,7 @@ SPEC CHECKSUMS:
   React-logger: a41d4cad677e9726b71a45a4012431d2fb1edd80
   react-native-adjust: 801fe33f0dc0097b0474f11d08572a89fa6602ce
   react-native-camera: 3eae183c1d111103963f3dd913b65d01aef8110f
-  react-native-compat: 4da17905c26471d956dae70f9912a60d7da7fad2
+  react-native-compat: c741279b875109d2d9fc8da22e80c00ef91311a6
   react-native-config: 86038147314e2e6d10ea9972022aa171e6b1d4d8
   react-native-contacts: fd1614c74777089ebb6b0a0e3847dd78130ef9f4
   react-native-cookies: f54fcded06bb0cda05c11d86788020b43528a26c
diff --git a/package.json b/package.json
index 85c57cde73e..e041f3a323f 100644
--- a/package.json
+++ b/package.json
@@ -118,7 +118,7 @@
     "@toruslabs/constants": "^13.2.0",
     "@toruslabs/fetch-node-details": "^13.2.0",
     "@toruslabs/torus.js": "^12.2.0",
-    "@walletconnect/react-native-compat": "^2.11.3",
+    "@walletconnect/react-native-compat": "^2.12.1",
     "@walletconnect/utils": "^2.11.3",
     "@walletconnect/web3wallet": "^1.10.3",
     "Base64": "^1.3.0",
diff --git a/yarn.lock b/yarn.lock
index 6f0b0ecd0d7..f60d12473b5 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -5357,10 +5357,10 @@
     pino "7.11.0"
     tslib "1.14.1"
 
-"@walletconnect/react-native-compat@^2.11.3":
-  version "2.11.3"
-  resolved "https://registry.yarnpkg.com/@walletconnect/react-native-compat/-/react-native-compat-2.11.3.tgz#63d66a510372991062b78c8ac65b9074601f6ac3"
-  integrity sha512-aAt4ZJUXc3otXxKuBZUJ0Td/9YUyBtlw/GTfKT4++8Wf2/FKEIHt79YgNGWCG6nn7ELThb4o7zG7aiaIhWkJOg==
+"@walletconnect/react-native-compat@^2.12.1":
+  version "2.12.2"
+  resolved "https://registry.yarnpkg.com/@walletconnect/react-native-compat/-/react-native-compat-2.12.2.tgz#3dd9e75124d7cea30c02bc0f3fcfede01e241f2e"
+  integrity sha512-NChpoZwftMDSy6xH0hc1d2eCvlm0Tx8BQSMtHKFaOpbxxreB90UDmbubqNIPywAGinM/1isgen0i0yvLpHRLRg==
   dependencies:
     events "3.3.0"
     fast-text-encoding "^1.0.6"