diff --git a/embassy-embedded-hal/Cargo.toml b/embassy-embedded-hal/Cargo.toml
index d0be6d195..85ee856a6 100644
--- a/embassy-embedded-hal/Cargo.toml
+++ b/embassy-embedded-hal/Cargo.toml
@@ -20,7 +20,7 @@ nightly = ["embedded-hal-async", "embedded-storage-async"]
 embassy-sync = { version = "0.1.0", path = "../embassy-sync" }
 embedded-hal-02 = { package = "embedded-hal", version = "0.2.6", features = ["unproven"] }
 embedded-hal-1 = { package = "embedded-hal", version = "=1.0.0-alpha.9" }
-embedded-hal-async = { version = "=0.1.0-alpha.2", optional = true }
+embedded-hal-async = { version = "=0.1.0-alpha.3", optional = true }
 embedded-storage = "0.3.0"
 embedded-storage-async = { version = "0.3.0", optional = true }
 nb = "1.0.0"
diff --git a/embassy-lora/Cargo.toml b/embassy-lora/Cargo.toml
index ea2c3fe67..dc2004172 100644
--- a/embassy-lora/Cargo.toml
+++ b/embassy-lora/Cargo.toml
@@ -32,7 +32,7 @@ embassy-time = { version = "0.1.0", path = "../embassy-time" }
 embassy-sync = { version = "0.1.0", path = "../embassy-sync" }
 embassy-stm32 = { version = "0.1.0", path = "../embassy-stm32", default-features = false, optional = true }
 embedded-hal-1 = { package = "embedded-hal", version = "=1.0.0-alpha.9" }
-embedded-hal-async = { version = "=0.1.0-alpha.2" }
+embedded-hal-async = { version = "=0.1.0-alpha.3" }
 embassy-hal-common = { version = "0.1.0", path = "../embassy-hal-common", default-features = false }
 futures = { version = "0.3.17", default-features = false, features = [ "async-await" ] }
 embedded-hal = { version = "0.2", features = ["unproven"] }
diff --git a/embassy-net/Cargo.toml b/embassy-net/Cargo.toml
index 967ef26a7..76217075a 100644
--- a/embassy-net/Cargo.toml
+++ b/embassy-net/Cargo.toml
@@ -42,7 +42,7 @@ log = { version = "0.4.14", optional = true }
 
 embassy-time = { version = "0.1.0", path = "../embassy-time" }
 embassy-sync = { version = "0.1.0", path = "../embassy-sync" }
-embedded-io = { version = "0.3.0", optional = true }
+embedded-io = { version = "0.3.1", optional = true }
 
 managed = { version = "0.8.0", default-features = false, features = [ "map" ] }
 heapless = { version = "0.7.5", default-features = false }
diff --git a/embassy-net/src/tcp.rs b/embassy-net/src/tcp.rs
index f8fff3e2d..f3bd2361c 100644
--- a/embassy-net/src/tcp.rs
+++ b/embassy-net/src/tcp.rs
@@ -292,7 +292,7 @@ mod embedded_io_impls {
     }
 
     impl<'d> embedded_io::asynch::Read for TcpSocket<'d> {
-        type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+        type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -302,7 +302,7 @@ mod embedded_io_impls {
     }
 
     impl<'d> embedded_io::asynch::Write for TcpSocket<'d> {
-        type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+        type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -310,7 +310,7 @@ mod embedded_io_impls {
             self.io.write(buf)
         }
 
-        type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>>
+        type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -324,7 +324,7 @@ mod embedded_io_impls {
     }
 
     impl<'d> embedded_io::asynch::Read for TcpReader<'d> {
-        type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+        type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -338,7 +338,7 @@ mod embedded_io_impls {
     }
 
     impl<'d> embedded_io::asynch::Write for TcpWriter<'d> {
-        type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+        type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -346,7 +346,7 @@ mod embedded_io_impls {
             self.io.write(buf)
         }
 
-        type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>>
+        type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -445,7 +445,7 @@ pub mod client {
     impl<'d, const N: usize, const TX_SZ: usize, const RX_SZ: usize> embedded_io::asynch::Read
         for TcpConnection<'d, N, TX_SZ, RX_SZ>
     {
-        type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+        type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -457,7 +457,7 @@ pub mod client {
     impl<'d, const N: usize, const TX_SZ: usize, const RX_SZ: usize> embedded_io::asynch::Write
         for TcpConnection<'d, N, TX_SZ, RX_SZ>
     {
-        type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+        type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -465,7 +465,7 @@ pub mod client {
             self.socket.write(buf)
         }
 
-        type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>>
+        type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>> + 'a
     where
         Self: 'a;
 
diff --git a/embassy-nrf/Cargo.toml b/embassy-nrf/Cargo.toml
index dca5fd1bc..67b6bec40 100644
--- a/embassy-nrf/Cargo.toml
+++ b/embassy-nrf/Cargo.toml
@@ -75,8 +75,8 @@ embassy-usb-driver = {version = "0.1.0", path = "../embassy-usb-driver", optiona
 
 embedded-hal-02 = { package = "embedded-hal", version = "0.2.6", features = ["unproven"] }
 embedded-hal-1 = { package = "embedded-hal", version = "=1.0.0-alpha.9", optional = true}
-embedded-hal-async = { version = "=0.1.0-alpha.2", optional = true}
-embedded-io = { version = "0.3.0", features = ["async"], optional = true }
+embedded-hal-async = { version = "=0.1.0-alpha.3", optional = true}
+embedded-io = { version = "0.3.1", features = ["async"], optional = true }
 
 defmt = { version = "0.3", optional = true }
 log = { version = "0.4.14", optional = true }
diff --git a/embassy-nrf/src/buffered_uarte.rs b/embassy-nrf/src/buffered_uarte.rs
index 6e85a159f..9c8fe65f4 100644
--- a/embassy-nrf/src/buffered_uarte.rs
+++ b/embassy-nrf/src/buffered_uarte.rs
@@ -341,7 +341,7 @@ impl<'u, 'd, U: UarteInstance, T: TimerInstance> embedded_io::Io for BufferedUar
 }
 
 impl<'d, U: UarteInstance, T: TimerInstance> embedded_io::asynch::Read for BufferedUarte<'d, U, T> {
-    type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+    type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -351,7 +351,7 @@ impl<'d, U: UarteInstance, T: TimerInstance> embedded_io::asynch::Read for Buffe
 }
 
 impl<'u, 'd: 'u, U: UarteInstance, T: TimerInstance> embedded_io::asynch::Read for BufferedUarteRx<'u, 'd, U, T> {
-    type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+    type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -361,7 +361,7 @@ impl<'u, 'd: 'u, U: UarteInstance, T: TimerInstance> embedded_io::asynch::Read f
 }
 
 impl<'d, U: UarteInstance, T: TimerInstance> embedded_io::asynch::BufRead for BufferedUarte<'d, U, T> {
-    type FillBufFuture<'a> = impl Future<Output = Result<&'a [u8], Self::Error>>
+    type FillBufFuture<'a> = impl Future<Output = Result<&'a [u8], Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -375,7 +375,7 @@ impl<'d, U: UarteInstance, T: TimerInstance> embedded_io::asynch::BufRead for Bu
 }
 
 impl<'u, 'd: 'u, U: UarteInstance, T: TimerInstance> embedded_io::asynch::BufRead for BufferedUarteRx<'u, 'd, U, T> {
-    type FillBufFuture<'a> = impl Future<Output = Result<&'a [u8], Self::Error>>
+    type FillBufFuture<'a> = impl Future<Output = Result<&'a [u8], Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -389,7 +389,7 @@ impl<'u, 'd: 'u, U: UarteInstance, T: TimerInstance> embedded_io::asynch::BufRea
 }
 
 impl<'d, U: UarteInstance, T: TimerInstance> embedded_io::asynch::Write for BufferedUarte<'d, U, T> {
-    type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+    type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -397,7 +397,7 @@ impl<'d, U: UarteInstance, T: TimerInstance> embedded_io::asynch::Write for Buff
         self.inner_write(buf)
     }
 
-    type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>>
+    type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -407,7 +407,7 @@ impl<'d, U: UarteInstance, T: TimerInstance> embedded_io::asynch::Write for Buff
 }
 
 impl<'u, 'd: 'u, U: UarteInstance, T: TimerInstance> embedded_io::asynch::Write for BufferedUarteTx<'u, 'd, U, T> {
-    type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+    type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -415,7 +415,7 @@ impl<'u, 'd: 'u, U: UarteInstance, T: TimerInstance> embedded_io::asynch::Write
         self.inner.inner_write(buf)
     }
 
-    type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>>
+    type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>> + 'a
     where
         Self: 'a;
 
diff --git a/embassy-rp/Cargo.toml b/embassy-rp/Cargo.toml
index c56858415..d2196be76 100644
--- a/embassy-rp/Cargo.toml
+++ b/embassy-rp/Cargo.toml
@@ -53,12 +53,12 @@ cortex-m = "0.7.6"
 critical-section = "1.1"
 futures = { version = "0.3.17", default-features = false, features = ["async-await"] }
 chrono = { version = "0.4", default-features = false, optional = true }
-embedded-io = { version = "0.3.0", features = ["async"], optional = true }
+embedded-io = { version = "0.3.1", features = ["async"], optional = true }
 
 rp2040-pac2 = { git = "https://github.com/embassy-rs/rp2040-pac2", rev="017e3c9007b2d3b6965f0d85b5bf8ce3fa6d7364", features = ["rt"] }
 #rp2040-pac2 = { path = "../../rp2040-pac2", features = ["rt"] }
 
 embedded-hal-02 = { package = "embedded-hal", version = "0.2.6", features = ["unproven"] }
 embedded-hal-1 = { package = "embedded-hal", version = "=1.0.0-alpha.9", optional = true}
-embedded-hal-async = { version = "=0.1.0-alpha.2", optional = true}
+embedded-hal-async = { version = "=0.1.0-alpha.3", optional = true}
 embedded-hal-nb = { version = "=1.0.0-alpha.1", optional = true}
diff --git a/embassy-rp/src/uart/buffered.rs b/embassy-rp/src/uart/buffered.rs
index 87e16f0eb..4f0a55532 100644
--- a/embassy-rp/src/uart/buffered.rs
+++ b/embassy-rp/src/uart/buffered.rs
@@ -355,7 +355,7 @@ impl<'d, T: Instance> embedded_io::Io for BufferedUartTx<'d, T> {
 }
 
 impl<'d, T: Instance + 'd> embedded_io::asynch::Read for BufferedUart<'d, T> {
-    type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+    type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -376,7 +376,7 @@ impl<'d, T: Instance + 'd> embedded_io::asynch::Read for BufferedUart<'d, T> {
 }
 
 impl<'d, T: Instance + 'd> embedded_io::asynch::Read for BufferedUartRx<'d, T> {
-    type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+    type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -397,7 +397,7 @@ impl<'d, T: Instance + 'd> embedded_io::asynch::Read for BufferedUartRx<'d, T> {
 }
 
 impl<'d, T: Instance + 'd> embedded_io::asynch::BufRead for BufferedUart<'d, T> {
-    type FillBufFuture<'a> = impl Future<Output = Result<&'a [u8], Self::Error>>
+    type FillBufFuture<'a> = impl Future<Output = Result<&'a [u8], Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -419,7 +419,7 @@ impl<'d, T: Instance + 'd> embedded_io::asynch::BufRead for BufferedUart<'d, T>
 }
 
 impl<'d, T: Instance + 'd> embedded_io::asynch::BufRead for BufferedUartRx<'d, T> {
-    type FillBufFuture<'a> = impl Future<Output = Result<&'a [u8], Self::Error>>
+    type FillBufFuture<'a> = impl Future<Output = Result<&'a [u8], Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -441,7 +441,7 @@ impl<'d, T: Instance + 'd> embedded_io::asynch::BufRead for BufferedUartRx<'d, T
 }
 
 impl<'d, T: Instance + 'd> embedded_io::asynch::Write for BufferedUart<'d, T> {
-    type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+    type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -455,7 +455,7 @@ impl<'d, T: Instance + 'd> embedded_io::asynch::Write for BufferedUart<'d, T> {
         })
     }
 
-    type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>>
+    type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -465,7 +465,7 @@ impl<'d, T: Instance + 'd> embedded_io::asynch::Write for BufferedUart<'d, T> {
 }
 
 impl<'d, T: Instance + 'd> embedded_io::asynch::Write for BufferedUartTx<'d, T> {
-    type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+    type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -479,7 +479,7 @@ impl<'d, T: Instance + 'd> embedded_io::asynch::Write for BufferedUartTx<'d, T>
         })
     }
 
-    type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>>
+    type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>> + 'a
     where
         Self: 'a;
 
diff --git a/embassy-stm32/Cargo.toml b/embassy-stm32/Cargo.toml
index 9194ae788..0b88e89c9 100644
--- a/embassy-stm32/Cargo.toml
+++ b/embassy-stm32/Cargo.toml
@@ -44,7 +44,7 @@ embassy-usb-driver = {version = "0.1.0", path = "../embassy-usb-driver", optiona
 
 embedded-hal-02 = { package = "embedded-hal", version = "0.2.6", features = ["unproven"] }
 embedded-hal-1 = { package = "embedded-hal", version = "=1.0.0-alpha.9", optional = true}
-embedded-hal-async = { version = "=0.1.0-alpha.2", optional = true}
+embedded-hal-async = { version = "=0.1.0-alpha.3", optional = true}
 embedded-hal-nb = { version = "=1.0.0-alpha.1", optional = true}
 
 embedded-storage = "0.3.0"
@@ -67,7 +67,7 @@ nb = "1.0.0"
 stm32-fmc = "0.2.4"
 seq-macro = "0.3.0"
 cfg-if = "1.0.0"
-embedded-io = { version = "0.3.0", features = ["async"], optional = true }
+embedded-io = { version = "0.3.1", features = ["async"], optional = true }
 
 [build-dependencies]
 proc-macro2 = "1.0.36"
diff --git a/embassy-stm32/src/sdmmc/mod.rs b/embassy-stm32/src/sdmmc/mod.rs
index a8bc6385f..c91f3c8bf 100644
--- a/embassy-stm32/src/sdmmc/mod.rs
+++ b/embassy-stm32/src/sdmmc/mod.rs
@@ -1534,14 +1534,14 @@ mod sdmmc_rs {
 
     impl<'d, T: Instance, P: Pins<T>> BlockDevice for Sdmmc<'d, T, P> {
         type Error = Error;
-        type ReadFuture<'a>
+
+        type ReadFuture<'a> = impl Future<Output = Result<(), Self::Error>> + 'a
         where
-            Self: 'a,
-        = impl Future<Output = Result<(), Self::Error>> + 'a;
-        type WriteFuture<'a>
+            Self: 'a;
+
+        type WriteFuture<'a> = impl Future<Output = Result<(), Self::Error>> + 'a
         where
-            Self: 'a,
-        = impl Future<Output = Result<(), Self::Error>> + 'a;
+            Self: 'a;
 
         fn read<'a>(
             &'a mut self,
diff --git a/embassy-stm32/src/usart/buffered.rs b/embassy-stm32/src/usart/buffered.rs
index 2a711bc06..c30bbc20a 100644
--- a/embassy-stm32/src/usart/buffered.rs
+++ b/embassy-stm32/src/usart/buffered.rs
@@ -283,7 +283,7 @@ impl<'u, 'd, T: BasicInstance> embedded_io::Io for BufferedUartTx<'u, 'd, T> {
 }
 
 impl<'d, T: BasicInstance> embedded_io::asynch::Read for BufferedUart<'d, T> {
-    type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+    type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -293,7 +293,7 @@ impl<'d, T: BasicInstance> embedded_io::asynch::Read for BufferedUart<'d, T> {
 }
 
 impl<'u, 'd, T: BasicInstance> embedded_io::asynch::Read for BufferedUartRx<'u, 'd, T> {
-    type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+    type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -303,7 +303,7 @@ impl<'u, 'd, T: BasicInstance> embedded_io::asynch::Read for BufferedUartRx<'u,
 }
 
 impl<'d, T: BasicInstance> embedded_io::asynch::BufRead for BufferedUart<'d, T> {
-    type FillBufFuture<'a> = impl Future<Output = Result<&'a [u8], Self::Error>>
+    type FillBufFuture<'a> = impl Future<Output = Result<&'a [u8], Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -317,7 +317,7 @@ impl<'d, T: BasicInstance> embedded_io::asynch::BufRead for BufferedUart<'d, T>
 }
 
 impl<'u, 'd, T: BasicInstance> embedded_io::asynch::BufRead for BufferedUartRx<'u, 'd, T> {
-    type FillBufFuture<'a> = impl Future<Output = Result<&'a [u8], Self::Error>>
+    type FillBufFuture<'a> = impl Future<Output = Result<&'a [u8], Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -331,7 +331,7 @@ impl<'u, 'd, T: BasicInstance> embedded_io::asynch::BufRead for BufferedUartRx<'
 }
 
 impl<'d, T: BasicInstance> embedded_io::asynch::Write for BufferedUart<'d, T> {
-    type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+    type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -339,7 +339,7 @@ impl<'d, T: BasicInstance> embedded_io::asynch::Write for BufferedUart<'d, T> {
         self.inner_write(buf)
     }
 
-    type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>>
+    type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -349,7 +349,7 @@ impl<'d, T: BasicInstance> embedded_io::asynch::Write for BufferedUart<'d, T> {
 }
 
 impl<'u, 'd, T: BasicInstance> embedded_io::asynch::Write for BufferedUartTx<'u, 'd, T> {
-    type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+    type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
     where
         Self: 'a;
 
@@ -357,7 +357,7 @@ impl<'u, 'd, T: BasicInstance> embedded_io::asynch::Write for BufferedUartTx<'u,
         self.inner.inner_write(buf)
     }
 
-    type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>>
+    type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>> + 'a
     where
         Self: 'a;
 
diff --git a/embassy-sync/Cargo.toml b/embassy-sync/Cargo.toml
index 584d5ba9f..cd6ff07db 100644
--- a/embassy-sync/Cargo.toml
+++ b/embassy-sync/Cargo.toml
@@ -32,7 +32,7 @@ atomic-polyfill = "1.0.1"
 critical-section = "1.1"
 heapless = "0.7.5"
 cfg-if = "1.0.0"
-embedded-io = "0.3.0"
+embedded-io = "0.3.1"
 
 [dev-dependencies]
 futures-executor = { version = "0.3.17", features = [ "thread-pool" ] }
diff --git a/embassy-sync/src/pipe.rs b/embassy-sync/src/pipe.rs
index 7d64b648e..cd577f34f 100644
--- a/embassy-sync/src/pipe.rs
+++ b/embassy-sync/src/pipe.rs
@@ -361,7 +361,7 @@ mod io_impls {
     }
 
     impl<M: RawMutex, const N: usize> embedded_io::asynch::Read for Pipe<M, N> {
-        type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+        type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
         where
             Self: 'a;
 
@@ -371,7 +371,7 @@ mod io_impls {
     }
 
     impl<M: RawMutex, const N: usize> embedded_io::asynch::Write for Pipe<M, N> {
-        type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+        type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
         where
             Self: 'a;
 
@@ -379,7 +379,7 @@ mod io_impls {
             Pipe::write(self, buf).map(Ok)
         }
 
-        type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>>
+        type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>> + 'a
         where
             Self: 'a;
 
@@ -393,7 +393,7 @@ mod io_impls {
     }
 
     impl<M: RawMutex, const N: usize> embedded_io::asynch::Read for &Pipe<M, N> {
-        type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+        type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
         where
             Self: 'a;
 
@@ -403,7 +403,7 @@ mod io_impls {
     }
 
     impl<M: RawMutex, const N: usize> embedded_io::asynch::Write for &Pipe<M, N> {
-        type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+        type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
         where
             Self: 'a;
 
@@ -411,7 +411,7 @@ mod io_impls {
             Pipe::write(self, buf).map(Ok)
         }
 
-        type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>>
+        type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>> + 'a
         where
             Self: 'a;
 
@@ -425,7 +425,7 @@ mod io_impls {
     }
 
     impl<M: RawMutex, const N: usize> embedded_io::asynch::Read for Reader<'_, M, N> {
-        type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+        type ReadFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
         where
             Self: 'a;
 
@@ -439,7 +439,7 @@ mod io_impls {
     }
 
     impl<M: RawMutex, const N: usize> embedded_io::asynch::Write for Writer<'_, M, N> {
-        type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>>
+        type WriteFuture<'a> = impl Future<Output = Result<usize, Self::Error>> + 'a
         where
             Self: 'a;
 
@@ -447,7 +447,7 @@ mod io_impls {
             Writer::write(self, buf).map(Ok)
         }
 
-        type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>>
+        type FlushFuture<'a> = impl Future<Output = Result<(), Self::Error>> + 'a
         where
             Self: 'a;
 
diff --git a/embassy-time/Cargo.toml b/embassy-time/Cargo.toml
index c51a71d01..0fd4645a6 100644
--- a/embassy-time/Cargo.toml
+++ b/embassy-time/Cargo.toml
@@ -107,7 +107,7 @@ log = { version = "0.4.14", optional = true }
 
 embedded-hal-02 = { package = "embedded-hal", version = "0.2.6" }
 embedded-hal-1 = { package = "embedded-hal", version = "=1.0.0-alpha.9", optional = true}
-embedded-hal-async = { version = "=0.1.0-alpha.2", optional = true}
+embedded-hal-async = { version = "=0.1.0-alpha.3", optional = true}
 
 futures-util = { version = "0.3.17", default-features = false }
 embassy-macros  = { version = "0.1.0", path = "../embassy-macros"}
diff --git a/examples/nrf/Cargo.toml b/examples/nrf/Cargo.toml
index 6949042e2..c633f82f5 100644
--- a/examples/nrf/Cargo.toml
+++ b/examples/nrf/Cargo.toml
@@ -17,7 +17,7 @@ embassy-time = { version = "0.1.0", path = "../../embassy-time", features = ["de
 embassy-nrf = { version = "0.1.0", path = "../../embassy-nrf", features = ["defmt", "nrf52840", "time-driver-rtc1", "gpiote", "unstable-pac"] }
 embassy-net = { version = "0.1.0", path = "../../embassy-net", features = ["defmt", "tcp", "dhcpv4", "medium-ethernet", "pool-16"], optional = true }
 embassy-usb = { version = "0.1.0", path = "../../embassy-usb", features = ["defmt"], optional = true }
-embedded-io = "0.3.0"
+embedded-io = "0.3.1"
 embassy-lora = { version = "0.1.0", path = "../../embassy-lora", features = ["sx126x", "time", "defmt"], optional = true }
 
 lorawan-device = { version = "0.8.0", default-features = false, features = ["async"], optional = true }
diff --git a/examples/rp/Cargo.toml b/examples/rp/Cargo.toml
index 747dde515..ec9896b77 100644
--- a/examples/rp/Cargo.toml
+++ b/examples/rp/Cargo.toml
@@ -28,8 +28,8 @@ display-interface = "0.4.1"
 byte-slice-cast = { version = "1.2.0", default-features = false }
 
 embedded-hal-1 = { package = "embedded-hal", version = "=1.0.0-alpha.9" }
-embedded-hal-async = { version = "0.1.0-alpha.1" }
-embedded-io = { version = "0.3.0", features = ["async", "defmt"] }
+embedded-hal-async = { version = "0.1.0-alpha.3" }
+embedded-io = { version = "0.3.1", features = ["async", "defmt"] }
 static_cell = "1.0.0"
 
 [profile.release]
diff --git a/examples/std/Cargo.toml b/examples/std/Cargo.toml
index b9bd1e718..790258382 100644
--- a/examples/std/Cargo.toml
+++ b/examples/std/Cargo.toml
@@ -9,7 +9,7 @@ embassy-sync = { version = "0.1.0", path = "../../embassy-sync", features = ["lo
 embassy-executor = { version = "0.1.0", path = "../../embassy-executor", features = ["log", "std", "nightly", "integrated-timers"] }
 embassy-time = { version = "0.1.0", path = "../../embassy-time", features = ["log", "std", "nightly"] }
 embassy-net = { version = "0.1.0", path = "../../embassy-net", features=[ "std", "nightly", "log", "medium-ethernet", "tcp", "udp", "dhcpv4", "pool-16"] }
-embedded-io = { version = "0.3.0", features = ["async", "std", "futures"] }
+embedded-io = { version = "0.3.1", features = ["async", "std", "futures"] }
 critical-section = { version = "1.1", features = ["std"] }
 
 async-io = "1.6.0"
diff --git a/examples/stm32f4/Cargo.toml b/examples/stm32f4/Cargo.toml
index 6d4f09fba..b05457eaa 100644
--- a/examples/stm32f4/Cargo.toml
+++ b/examples/stm32f4/Cargo.toml
@@ -17,7 +17,7 @@ defmt-rtt = "0.3"
 cortex-m = { version = "0.7.6", features = ["critical-section-single-core"] }
 cortex-m-rt = "0.7.0"
 embedded-hal = "0.2.6"
-embedded-io = "0.3.0"
+embedded-io = "0.3.1"
 panic-probe = { version = "0.3", features = ["print-defmt"] }
 futures = { version = "0.3.17", default-features = false, features = ["async-await"] }
 heapless = { version = "0.7.5", default-features = false }
diff --git a/examples/stm32f7/Cargo.toml b/examples/stm32f7/Cargo.toml
index dad92c0fc..b14afd2fe 100644
--- a/examples/stm32f7/Cargo.toml
+++ b/examples/stm32f7/Cargo.toml
@@ -10,7 +10,7 @@ embassy-executor = { version = "0.1.0", path = "../../embassy-executor", feature
 embassy-time = { version = "0.1.0", path = "../../embassy-time", features = ["defmt", "defmt-timestamp-uptime", "tick-hz-32_768"] }
 embassy-stm32 = { version = "0.1.0", path = "../../embassy-stm32", features = ["nightly", "defmt", "net", "stm32f767zi", "unstable-pac", "time-driver-any", "exti"]  }
 embassy-net = { path = "../../embassy-net", features = ["defmt", "nightly", "tcp", "dhcpv4", "medium-ethernet", "pool-16"] }
-embedded-io = { version = "0.3.0", features = ["async"] }
+embedded-io = { version = "0.3.1", features = ["async"] }
 
 defmt = "0.3"
 defmt-rtt = "0.3"
diff --git a/examples/stm32h7/Cargo.toml b/examples/stm32h7/Cargo.toml
index 1a05b9ecb..0dccff6e8 100644
--- a/examples/stm32h7/Cargo.toml
+++ b/examples/stm32h7/Cargo.toml
@@ -10,7 +10,7 @@ embassy-executor = { version = "0.1.0", path = "../../embassy-executor", feature
 embassy-time = { version = "0.1.0", path = "../../embassy-time", features = ["defmt", "defmt-timestamp-uptime", "unstable-traits", "tick-hz-32_768"] }
 embassy-stm32 = { version = "0.1.0", path = "../../embassy-stm32", features = ["nightly", "defmt", "stm32h743bi", "net", "time-driver-any", "exti", "unstable-pac", "unstable-traits"] }
 embassy-net = { path = "../../embassy-net", features = ["defmt", "nightly", "tcp", "dhcpv4", "medium-ethernet", "pool-16", "unstable-traits"] }
-embedded-io = { version = "0.3.0", features = ["async"] }
+embedded-io = { version = "0.3.1", features = ["async"] }
 
 defmt = "0.3"
 defmt-rtt = "0.3"
@@ -19,7 +19,7 @@ cortex-m = { version = "0.7.6", features = ["critical-section-single-core"] }
 cortex-m-rt = "0.7.0"
 embedded-hal = "0.2.6"
 embedded-hal-1 = { package = "embedded-hal", version = "=1.0.0-alpha.9" }
-embedded-hal-async = { version = "=0.1.0-alpha.2" }
+embedded-hal-async = { version = "=0.1.0-alpha.3" }
 embedded-nal-async = "0.2.0"
 panic-probe = { version = "0.3", features = ["print-defmt"] }
 futures = { version = "0.3.17", default-features = false, features = ["async-await"] }
diff --git a/examples/stm32l0/Cargo.toml b/examples/stm32l0/Cargo.toml
index 7e1120f48..8b00773be 100644
--- a/examples/stm32l0/Cargo.toml
+++ b/examples/stm32l0/Cargo.toml
@@ -22,7 +22,7 @@ defmt = "0.3"
 defmt-rtt = "0.3"
 
 embedded-storage = "0.3.0"
-embedded-io = "0.3.0"
+embedded-io = "0.3.1"
 
 cortex-m = { version = "0.7.6", features = ["critical-section-single-core"] }
 cortex-m-rt = "0.7.0"
diff --git a/examples/stm32l4/Cargo.toml b/examples/stm32l4/Cargo.toml
index 657605ebe..83d456b26 100644
--- a/examples/stm32l4/Cargo.toml
+++ b/examples/stm32l4/Cargo.toml
@@ -20,7 +20,7 @@ cortex-m = { version = "0.7.6", features = ["critical-section-single-core"] }
 cortex-m-rt = "0.7.0"
 embedded-hal = "0.2.6"
 embedded-hal-1 = { package = "embedded-hal", version = "=1.0.0-alpha.9" }
-embedded-hal-async = { version = "=0.1.0-alpha.2" }
+embedded-hal-async = { version = "=0.1.0-alpha.3" }
 panic-probe = { version = "0.3", features = ["print-defmt"] }
 futures = { version = "0.3.17", default-features = false, features = ["async-await"] }
 heapless = { version = "0.7.5", default-features = false }
diff --git a/examples/stm32l5/Cargo.toml b/examples/stm32l5/Cargo.toml
index 63eac3ed2..848723f8b 100644
--- a/examples/stm32l5/Cargo.toml
+++ b/examples/stm32l5/Cargo.toml
@@ -26,5 +26,5 @@ embedded-hal = "0.2.6"
 futures = { version = "0.3.17", default-features = false, features = ["async-await"] }
 heapless = { version = "0.7.5", default-features = false }
 rand_core = { version = "0.6.3", default-features = false }
-embedded-io = { version = "0.3.0", features = ["async"] }
+embedded-io = { version = "0.3.1", features = ["async"] }
 static_cell = "1.0"
diff --git a/rust-toolchain.toml b/rust-toolchain.toml
index 1ec19e58b..c05aac3fc 100644
--- a/rust-toolchain.toml
+++ b/rust-toolchain.toml
@@ -1,7 +1,7 @@
 # Before upgrading check that everything is available on all tier1 targets here:
 # https://rust-lang.github.io/rustup-components-history
 [toolchain]
-channel = "nightly-2022-09-22"
+channel = "nightly-2022-10-25"
 components = [ "rust-src", "rustfmt" ]
 targets = [
     "thumbv7em-none-eabi",
diff --git a/tests/rp/Cargo.toml b/tests/rp/Cargo.toml
index d6770d6e9..e1a6dce41 100644
--- a/tests/rp/Cargo.toml
+++ b/tests/rp/Cargo.toml
@@ -18,10 +18,10 @@ cortex-m = { version = "0.7.6", features = ["critical-section-single-core"] }
 cortex-m-rt = "0.7.0"
 embedded-hal = "0.2.6"
 embedded-hal-1 = { package = "embedded-hal", version = "=1.0.0-alpha.9" }
-embedded-hal-async = { version = "=0.1.0-alpha.2" }
+embedded-hal-async = { version = "=0.1.0-alpha.3" }
 panic-probe = { version = "0.3.0", features = ["print-defmt"] }
 futures = { version = "0.3.17", default-features = false, features = ["async-await"] }
-embedded-io = { version = "0.3.0", features = ["async"] }
+embedded-io = { version = "0.3.1", features = ["async"] }
 
 [profile.dev]
 debug = 2
diff --git a/tests/stm32/Cargo.toml b/tests/stm32/Cargo.toml
index bebbf557e..602c1fb57 100644
--- a/tests/stm32/Cargo.toml
+++ b/tests/stm32/Cargo.toml
@@ -26,7 +26,7 @@ cortex-m = { version = "0.7.6", features = ["critical-section-single-core"] }
 cortex-m-rt = "0.7.0"
 embedded-hal = "0.2.6"
 embedded-hal-1 = { package = "embedded-hal", version = "=1.0.0-alpha.9" }
-embedded-hal-async = { version = "=0.1.0-alpha.2" }
+embedded-hal-async = { version = "=0.1.0-alpha.3" }
 panic-probe = { version = "0.3.0", features = ["print-defmt"] }
 
 [profile.dev]