diff --git a/Cargo.lock b/Cargo.lock
index 4e87406b1..305512f21 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2314,7 +2314,7 @@ dependencies = [
 
 [[package]]
 name = "wit-bindgen"
-version = "0.31.0"
+version = "0.32.0"
 dependencies = [
  "wit-bindgen-rt",
  "wit-bindgen-rust-macro",
@@ -2322,7 +2322,7 @@ dependencies = [
 
 [[package]]
 name = "wit-bindgen-c"
-version = "0.31.0"
+version = "0.32.0"
 dependencies = [
  "anyhow",
  "clap",
@@ -2337,7 +2337,7 @@ dependencies = [
 
 [[package]]
 name = "wit-bindgen-cli"
-version = "0.31.0"
+version = "0.32.0"
 dependencies = [
  "anyhow",
  "clap",
@@ -2361,7 +2361,7 @@ dependencies = [
 
 [[package]]
 name = "wit-bindgen-core"
-version = "0.31.0"
+version = "0.32.0"
 dependencies = [
  "anyhow",
  "heck 0.5.0",
@@ -2370,7 +2370,7 @@ dependencies = [
 
 [[package]]
 name = "wit-bindgen-csharp"
-version = "0.31.0"
+version = "0.32.0"
 dependencies = [
  "anyhow",
  "clap",
@@ -2387,7 +2387,7 @@ dependencies = [
 
 [[package]]
 name = "wit-bindgen-go"
-version = "0.31.0"
+version = "0.32.0"
 dependencies = [
  "anyhow",
  "clap",
@@ -2399,7 +2399,7 @@ dependencies = [
 
 [[package]]
 name = "wit-bindgen-markdown"
-version = "0.31.0"
+version = "0.32.0"
 dependencies = [
  "anyhow",
  "clap",
@@ -2411,7 +2411,7 @@ dependencies = [
 
 [[package]]
 name = "wit-bindgen-moonbit"
-version = "0.31.0"
+version = "0.32.0"
 dependencies = [
  "anyhow",
  "clap",
@@ -2424,14 +2424,14 @@ dependencies = [
 
 [[package]]
 name = "wit-bindgen-rt"
-version = "0.31.0"
+version = "0.32.0"
 dependencies = [
  "bitflags",
 ]
 
 [[package]]
 name = "wit-bindgen-rust"
-version = "0.31.0"
+version = "0.32.0"
 dependencies = [
  "anyhow",
  "clap",
@@ -2450,7 +2450,7 @@ dependencies = [
 
 [[package]]
 name = "wit-bindgen-rust-macro"
-version = "0.31.0"
+version = "0.32.0"
 dependencies = [
  "anyhow",
  "prettyplease",
@@ -2463,7 +2463,7 @@ dependencies = [
 
 [[package]]
 name = "wit-bindgen-teavm-java"
-version = "0.31.0"
+version = "0.32.0"
 dependencies = [
  "anyhow",
  "clap",
diff --git a/Cargo.toml b/Cargo.toml
index 0db87a104..9873ee40d 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -18,7 +18,7 @@ resolver = "2"
 
 [workspace.package]
 edition = "2021"
-version = "0.31.0"
+version = "0.32.0"
 license = "Apache-2.0 WITH LLVM-exception OR Apache-2.0 OR MIT"
 repository = "https://github.com/bytecodealliance/wasi-rs"
 
@@ -38,15 +38,15 @@ wasm-metadata = "0.217.0"
 wit-parser = "0.217.0"
 wit-component = "0.217.0"
 
-wit-bindgen-core = { path = 'crates/core', version = '0.31.0' }
-wit-bindgen-c = { path = 'crates/c', version = '0.31.0' }
-wit-bindgen-rust = { path = "crates/rust", version = "0.31.0" }
-wit-bindgen-teavm-java = { path = 'crates/teavm-java', version = '0.31.0' }
-wit-bindgen-go = { path = 'crates/go', version = '0.31.0' }
-wit-bindgen-csharp = { path = 'crates/csharp', version = '0.31.0' }
-wit-bindgen-markdown = { path = 'crates/markdown', version = '0.31.0' }
-wit-bindgen-moonbit = { path = 'crates/moonbit', version = '0.31.0' }
-wit-bindgen = { path = 'crates/guest-rust', version = '0.31.0', default-features = false }
+wit-bindgen-core = { path = 'crates/core', version = '0.32.0' }
+wit-bindgen-c = { path = 'crates/c', version = '0.32.0' }
+wit-bindgen-rust = { path = "crates/rust", version = "0.32.0" }
+wit-bindgen-teavm-java = { path = 'crates/teavm-java', version = '0.32.0' }
+wit-bindgen-go = { path = 'crates/go', version = '0.32.0' }
+wit-bindgen-csharp = { path = 'crates/csharp', version = '0.32.0' }
+wit-bindgen-markdown = { path = 'crates/markdown', version = '0.32.0' }
+wit-bindgen-moonbit = { path = 'crates/moonbit', version = '0.32.0' }
+wit-bindgen = { path = 'crates/guest-rust', version = '0.32.0', default-features = false }
 
 [[bin]]
 name = "wit-bindgen"
diff --git a/crates/guest-rust/Cargo.toml b/crates/guest-rust/Cargo.toml
index 03931b78c..24599ff5c 100644
--- a/crates/guest-rust/Cargo.toml
+++ b/crates/guest-rust/Cargo.toml
@@ -12,8 +12,8 @@ Used when compiling Rust programs to the component model.
 """
 
 [dependencies]
-wit-bindgen-rust-macro = { path = "./macro", optional = true, version = "0.31.0" }
-wit-bindgen-rt = { path = "./rt", version = "0.31.0", features = ["bitflags"] }
+wit-bindgen-rust-macro = { path = "./macro", optional = true, version = "0.32.0" }
+wit-bindgen-rt = { path = "./rt", version = "0.32.0", features = ["bitflags"] }
 
 [features]
 default = ["macros", "realloc"]
diff --git a/crates/guest-rust/rt/src/cabi_realloc.c b/crates/guest-rust/rt/src/cabi_realloc.c
index 4a3b3e076..7f734d48d 100644
--- a/crates/guest-rust/rt/src/cabi_realloc.c
+++ b/crates/guest-rust/rt/src/cabi_realloc.c
@@ -2,9 +2,9 @@
 
 #include <stdint.h>
 
-extern void *cabi_realloc_wit_bindgen_0_31_0(void *ptr, size_t old_size, size_t align, size_t new_size);
+extern void *cabi_realloc_wit_bindgen_0_32_0(void *ptr, size_t old_size, size_t align, size_t new_size);
 
 __attribute__((__weak__, __export_name__("cabi_realloc")))
 void *cabi_realloc(void *ptr, size_t old_size, size_t align, size_t new_size) {
-  return cabi_realloc_wit_bindgen_0_31_0(ptr, old_size, align, new_size);
+  return cabi_realloc_wit_bindgen_0_32_0(ptr, old_size, align, new_size);
 }
diff --git a/crates/guest-rust/rt/src/cabi_realloc.o b/crates/guest-rust/rt/src/cabi_realloc.o
index 81409062e..a4dd3d3ef 100644
Binary files a/crates/guest-rust/rt/src/cabi_realloc.o and b/crates/guest-rust/rt/src/cabi_realloc.o differ
diff --git a/crates/guest-rust/rt/src/cabi_realloc.rs b/crates/guest-rust/rt/src/cabi_realloc.rs
index fc8518ab5..d4024b906 100644
--- a/crates/guest-rust/rt/src/cabi_realloc.rs
+++ b/crates/guest-rust/rt/src/cabi_realloc.rs
@@ -1,7 +1,7 @@
 // This file is generated by ./ci/rebuild-libcabi-realloc.sh
 
 #[no_mangle]
-pub unsafe extern "C" fn cabi_realloc_wit_bindgen_0_31_0(
+pub unsafe extern "C" fn cabi_realloc_wit_bindgen_0_32_0(
     old_ptr: *mut u8,
     old_len: usize,
     align: usize,
diff --git a/crates/guest-rust/rt/src/libwit_bindgen_cabi_realloc.a b/crates/guest-rust/rt/src/libwit_bindgen_cabi_realloc.a
index 00f97a0a5..1b577b99b 100644
Binary files a/crates/guest-rust/rt/src/libwit_bindgen_cabi_realloc.a and b/crates/guest-rust/rt/src/libwit_bindgen_cabi_realloc.a differ