diff --git a/package.json b/package.json
index 37abf256f33..6fd8bc4c120 100644
--- a/package.json
+++ b/package.json
@@ -2,7 +2,7 @@
 	"name": "@woocommerce/block-library",
 	"title": "WooCommerce Blocks",
 	"author": "Automattic",
-	"version": "7.0.0-dev",
+	"version": "7.0.0",
 	"description": "WooCommerce blocks for the Gutenberg editor.",
 	"homepage": "https://github.com/woocommerce/woocommerce-gutenberg-products-block/",
 	"keywords": [
diff --git a/readme.txt b/readme.txt
index c70f9a98bb1..9b3db6020ef 100644
--- a/readme.txt
+++ b/readme.txt
@@ -4,7 +4,7 @@ Tags: gutenberg, woocommerce, woo commerce, products, blocks, woocommerce blocks
 Requires at least: 5.9
 Tested up to: 5.9
 Requires PHP: 7.0
-Stable tag: 7.0.0-dev
+Stable tag: 7.0.0
 License: GPLv3
 License URI: https://www.gnu.org/licenses/gpl-3.0.html
 
diff --git a/src/Package.php b/src/Package.php
index e23461f3351..a4ac5920373 100644
--- a/src/Package.php
+++ b/src/Package.php
@@ -106,7 +106,7 @@ public static function container( $reset = false ) {
 				NewPackage::class,
 				function ( $container ) {
 					// leave for automated version bumping.
-					$version = '7.0.0-dev';
+					$version = '7.0.0';
 					return new NewPackage(
 						$version,
 						dirname( __DIR__ ),
diff --git a/woocommerce-gutenberg-products-block.php b/woocommerce-gutenberg-products-block.php
index 1935f7df1e3..344dc58426b 100644
--- a/woocommerce-gutenberg-products-block.php
+++ b/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: 7.0.0-dev
+ * Version: 7.0.0
  * Author: Automattic
  * Author URI: https://woocommerce.com
  * Text Domain:  woo-gutenberg-products-block