diff --git a/bucket/rust-msvc.json b/bucket/rust-msvc.json
index 0d5a9e49db..5021358867 100644
--- a/bucket/rust-msvc.json
+++ b/bucket/rust-msvc.json
@@ -1,16 +1,16 @@
 {
-    "version": "1.47.0",
+    "version": "1.48.0",
     "description": "A language empowering everyone to build reliable and efficient software. (MSVC toolchain)",
     "homepage": "https://www.rust-lang.org",
     "license": "MIT|Apache-2.0",
     "architecture": {
         "64bit": {
-            "url": "https://static.rust-lang.org/dist/rust-1.47.0-x86_64-pc-windows-msvc.msi",
-            "hash": "b586d496c5febb5ecbc944751567aed06b1e7b3704c15ac93708c831950550d4"
+            "url": "https://static.rust-lang.org/dist/rust-1.48.0-x86_64-pc-windows-msvc.msi",
+            "hash": "043fa41db366399d7c48c1ad3902d12bc72b687339c7c193891d79b1ec88b022"
         },
         "32bit": {
-            "url": "https://static.rust-lang.org/dist/rust-1.47.0-i686-pc-windows-msvc.msi",
-            "hash": "5b712347dba75ed1cbe90fe01ce438f5e75524f433191427f4ba7b3d80c08ea4"
+            "url": "https://static.rust-lang.org/dist/rust-1.48.0-i686-pc-windows-msvc.msi",
+            "hash": "7e889486f8db20324cbab7927e3509e6f55c7d3bee951a44d332bed012ba4216"
         }
     },
     "extract_dir": "Rust",