diff --git a/plugins/woocommerce-blocks/package.json b/plugins/woocommerce-blocks/package.json
index 7050d6cf91f..995d63bd627 100644
--- a/plugins/woocommerce-blocks/package.json
+++ b/plugins/woocommerce-blocks/package.json
@@ -2,7 +2,7 @@
 	"name": "@woocommerce/block-library",
 	"title": "WooCommerce Blocks",
 	"author": "Automattic",
-	"version": "8.7.0-dev",
+	"version": "8.7.0",
 	"description": "WooCommerce blocks for the Gutenberg editor.",
 	"homepage": "https://github.com/woocommerce/woocommerce-gutenberg-products-block/",
 	"keywords": [
diff --git a/plugins/woocommerce-blocks/readme.txt b/plugins/woocommerce-blocks/readme.txt
index 8a3457863bb..e93c746bcf5 100644
--- a/plugins/woocommerce-blocks/readme.txt
+++ b/plugins/woocommerce-blocks/readme.txt
@@ -4,7 +4,7 @@ Tags: gutenberg, woocommerce, woo commerce, products, blocks, woocommerce blocks
 Requires at least: 6.0
 Tested up to: 6.0
 Requires PHP: 7.0
-Stable tag: 8.7.0-dev
+Stable tag: 8.7.0
 License: GPLv3
 License URI: https://www.gnu.org/licenses/gpl-3.0.html
 
diff --git a/plugins/woocommerce-blocks/src/Package.php b/plugins/woocommerce-blocks/src/Package.php
index 255fc89f887..82213d8dba9 100644
--- a/plugins/woocommerce-blocks/src/Package.php
+++ b/plugins/woocommerce-blocks/src/Package.php
@@ -109,7 +109,7 @@ class Package {
 				NewPackage::class,
 				function ( $container ) {
 					// leave for automated version bumping.
-					$version = '8.7.0-dev';
+					$version = '8.7.0';
 					return new NewPackage(
 						$version,
 						dirname( __DIR__ ),
diff --git a/plugins/woocommerce-blocks/woocommerce-gutenberg-products-block.php b/plugins/woocommerce-blocks/woocommerce-gutenberg-products-block.php
index 3b9cce5c6f8..465d22c8cac 100644
--- a/plugins/woocommerce-blocks/woocommerce-gutenberg-products-block.php
+++ b/plugins/woocommerce-blocks/woocommerce-gutenberg-products-block.php
@@ -3,7 +3,7 @@
  * Plugin Name: WooCommerce Blocks
  * Plugin URI: https://github.com/woocommerce/woocommerce-gutenberg-products-block
  * Description: WooCommerce blocks for the Gutenberg editor.
- * Version: 8.7.0-dev
+ * Version: 8.7.0
  * Author: Automattic
  * Author URI: https://woocommerce.com
  * Text Domain:  woo-gutenberg-products-block