diff --git a/package.json b/package.json
index d1034d2894..72e5fd1f45 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@metamask/core-monorepo",
-  "version": "1045.0.0",
+  "version": "1046.0.0",
   "private": true,
   "description": "Monorepo for packages shared between MetaMask clients",
   "repository": {
diff --git a/packages/transaction-pay-controller/CHANGELOG.md b/packages/transaction-pay-controller/CHANGELOG.md
index 57fb0f513a..17116e6f03 100644
--- a/packages/transaction-pay-controller/CHANGELOG.md
+++ b/packages/transaction-pay-controller/CHANGELOG.md
@@ -7,6 +7,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [23.8.0]
+
 ### Changed
 
 - Bump `@metamask/keyring-controller` from `^27.0.0` to `^27.1.0` ([#9129](https://github.com/MetaMask/core/pull/9129))
@@ -1082,7 +1084,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 - Initial release ([#6820](https://github.com/MetaMask/core/pull/6820))
 
-[Unreleased]: https://github.com/MetaMask/core/compare/@metamask/transaction-pay-controller@23.7.0...HEAD
+[Unreleased]: https://github.com/MetaMask/core/compare/@metamask/transaction-pay-controller@23.8.0...HEAD
+[23.8.0]: https://github.com/MetaMask/core/compare/@metamask/transaction-pay-controller@23.7.0...@metamask/transaction-pay-controller@23.8.0
 [23.7.0]: https://github.com/MetaMask/core/compare/@metamask/transaction-pay-controller@23.6.0...@metamask/transaction-pay-controller@23.7.0
 [23.6.0]: https://github.com/MetaMask/core/compare/@metamask/transaction-pay-controller@23.5.1...@metamask/transaction-pay-controller@23.6.0
 [23.5.1]: https://github.com/MetaMask/core/compare/@metamask/transaction-pay-controller@23.5.0...@metamask/transaction-pay-controller@23.5.1
diff --git a/packages/transaction-pay-controller/package.json b/packages/transaction-pay-controller/package.json
index a88319b9f6..22b6e546b0 100644
--- a/packages/transaction-pay-controller/package.json
+++ b/packages/transaction-pay-controller/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@metamask/transaction-pay-controller",
-  "version": "23.7.0",
+  "version": "23.8.0",
   "description": "Manages alternate payment strategies to provide required funds for transactions in MetaMask",
   "keywords": [
     "Ethereum",