diff --git a/.github/workflows/commit-workflow.yml b/.github/workflows/commit-workflow.yml
index 2da09cc1fad..3ad491e8b5e 100644
--- a/.github/workflows/commit-workflow.yml
+++ b/.github/workflows/commit-workflow.yml
@@ -105,10 +105,10 @@ jobs:
       - name: Checkout
         uses: actions/checkout@v2
 
-      - name: Install rust v1.51.0
+      - name: Install rust v1.54.0
         uses: actions-rs/toolchain@v1
         with:
-          toolchain: "1.51.0"
+          toolchain: "1.54.0"
           override: true
 
       - name: Enable cache
@@ -130,7 +130,7 @@ jobs:
         # https://github.com/marketplace/actions/rust-cargo
         with:
           command: tarpaulin
-          args: -v --out Xml
+          args: --avoid-cfg-tarpaulin -v --out Xml
 
       - name: Upload to codecov.io
         uses: codecov/codecov-action@v1
@@ -197,4 +197,4 @@ jobs:
         # https://github.com/marketplace/actions/rust-cargo
         with:
           command: msrv
-          args: --minimum 1.51.0
+          args: --minimum 1.54.0
diff --git a/.github/workflows/hosted-post-merge_version_update.yml b/.github/workflows/hosted-post-merge_version_update.yml
index 0a8d52fc5c8..5e811880b22 100644
--- a/.github/workflows/hosted-post-merge_version_update.yml
+++ b/.github/workflows/hosted-post-merge_version_update.yml
@@ -20,7 +20,7 @@ jobs:
       - name: enable toolchain via github action
         uses: actions-rs/toolchain@v1
         with:
-          toolchain: 1.51
+          toolchain: 1.54
           components: cargo
           override: true
 
diff --git a/BUILDING.md b/BUILDING.md
index ab9a72ddf52..a6e550b3049 100644
--- a/BUILDING.md
+++ b/BUILDING.md
@@ -49,7 +49,7 @@ And then you can run `rustc` to view current version:
 
 ```shell
 $ rustc --version
-rustc 1.51.0 (2fd73fabe 2021-03-23)
+rustc 1.54.0 (a178d0322 2021-07-26)
 ```
 
 > Note: Above command will add rust to path only for existing session,
@@ -62,7 +62,7 @@ rustc 1.51.0 (2fd73fabe 2021-03-23)
 
 thin-edge.io operates the `MSRV` (Minimum Supported Rust Version) and uses stable toolchain.
 
-Current MSRV is `1.51.0`.
+Current MSRV is `1.54.0`.
 
 ### Cross compilation toolchain (optional)