diff --git a/CHANGELOG.md b/CHANGELOG.md
index ae749dc6e..0e681ae45 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,35 +1,47 @@
 # Changelog
 
+## 16.3.0 - 2024-11-20
+* [#1786](https://github.com/stripe/stripe-php/pull/1786) This release changes the pinned API version to `2024-11-20.acacia`.
+  * Add support for `respond` test helper method on resource `Issuing.Authorization`
+  * Add support for `adaptive_pricing` on `Checkout.Session`
+  * Add support for new value `subscribe` on enums `Checkout.Session.submit_type` and `PaymentLink.submit_type`
+  * Add support for new value `financial_account_statement` on enum `File.purpose`
+  * Add support for `fraud_challenges` and `verified_by_fraud_challenge` on `Issuing.Authorization`
+  * Add support for `trace_id` on `Payout`
+  * Add support for new value `li_vat` on enum `TaxId.type`
+  * Add support for new value `service_tax` on enum `TaxRate.tax_type`
+  * Change type of `Treasury.InboundTransfer.origin_payment_method` from `string` to `nullable(string)`
+
 ## 16.2.0 - 2024-10-29
 * [#1772](https://github.com/stripe/stripe-php/pull/1772) This release changes the pinned API version to `2024-10-28.acacia`.
-  * Add support for new resource `V2.EventDestinations`
-  * Add support for `create`, `retrieve`, `update`, `list`, `delete`, `disable`, `enable` and `ping` methods on resource `V2.EventDestinations`
-  * Add support for `submit_card` test helper method on resource `Issuing.Card`
-  * Add support for `groups` on `Account`
-  * Add support for `enhanced_eligibility_types` on `Dispute`
-  * Add support for new values `issuing_transaction.purchase_details_receipt_updated` and `refund.failed` on enum `Event.type`
-  * Add support for `metadata` on `Forwarding.Request`
-  * Add support for new value `alma` on enum `PaymentLink.payment_method_types[]`
-  * Add support for `alma` on `PaymentMethodConfiguration` and `PaymentMethod`
-  * Add support for `kakao_pay`, `kr_card`, `naver_pay`, `payco`, and `samsung_pay` on `PaymentMethod`
-  * Add support for new values `alma`, `kakao_pay`, `kr_card`, `naver_pay`, `payco`, and `samsung_pay` on enum `PaymentMethod.type`
-  * Add support for `amazon_pay` on `PaymentMethodDomain`
-  * Add support for new values `by_tin`, `ma_vat`, `md_vat`, `tz_vat`, `uz_tin`, and `uz_vat` on enum `TaxId.type`
-  * Add support for `flat_amount` and `rate_type` on `TaxRate`
-  * Add support for new value `retail_delivery_fee` on enum `TaxRate.tax_type`
+  * Add support for new resource `V2.EventDestinations`
+  * Add support for `create`, `retrieve`, `update`, `list`, `delete`, `disable`, `enable` and `ping` methods on resource `V2.EventDestinations`
+  * Add support for `submit_card` test helper method on resource `Issuing.Card`
+  * Add support for `groups` on `Account`
+  * Add support for `enhanced_eligibility_types` on `Dispute`
+  * Add support for new values `issuing_transaction.purchase_details_receipt_updated` and `refund.failed` on enum `Event.type`
+  * Add support for `metadata` on `Forwarding.Request`
+  * Add support for new value `alma` on enum `PaymentLink.payment_method_types[]`
+  * Add support for `alma` on `PaymentMethodConfiguration` and `PaymentMethod`
+  * Add support for `kakao_pay`, `kr_card`, `naver_pay`, `payco`, and `samsung_pay` on `PaymentMethod`
+  * Add support for new values `alma`, `kakao_pay`, `kr_card`, `naver_pay`, `payco`, and `samsung_pay` on enum `PaymentMethod.type`
+  * Add support for `amazon_pay` on `PaymentMethodDomain`
+  * Add support for new values `by_tin`, `ma_vat`, `md_vat`, `tz_vat`, `uz_tin`, and `uz_vat` on enum `TaxId.type`
+  * Add support for `flat_amount` and `rate_type` on `TaxRate`
+  * Add support for new value `retail_delivery_fee` on enum `TaxRate.tax_type`
 
 ## 16.1.1 - 2024-10-18
 * [#1775](https://github.com/stripe/stripe-php/pull/1775) Deserialize into correct v2 EventData types
-  * Fixes a bug where v2 EventData was not being deserialized into the appropriate type for `V1BillingMeterErrorReportTriggeredEvent` and `V1BillingMeterNoMeterFoundEvent`
+  * Fixes a bug where v2 EventData was not being deserialized into the appropriate type for `V1BillingMeterErrorReportTriggeredEvent` and `V1BillingMeterNoMeterFoundEvent`
 * [#1776](https://github.com/stripe/stripe-php/pull/1776) update object tags for meter-related classes
-  
+
   - fixes a bug where the `object` property of the `MeterEvent`, `MeterEventAdjustment`, and `MeterEventSession` didn't match the server.
 * [#1773](https://github.com/stripe/stripe-php/pull/1773) Clean up examples
 * [#1771](https://github.com/stripe/stripe-php/pull/1771) Renamed example file names
 
 ## 16.1.0 - 2024-10-03
 * [#1765](https://github.com/stripe/stripe-php/pull/1765) Update generated code
-  * Remove the support for resource `Margin` that was accidentally made public in the last release
+  * Remove the support for resource `Margin` that was accidentally made public in the last release
 
 ## 16.0.0 - 2024-10-01
 * [#1756](https://github.com/stripe/stripe-php/pull/1756) Support for APIs in the new API version 2024-09-30.acacia
diff --git a/VERSION b/VERSION
index fd1bd70b7..d9a8a3578 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-16.2.0
+16.3.0
diff --git a/lib/Stripe.php b/lib/Stripe.php
index b22d0b1d1..2e306c4fe 100644
--- a/lib/Stripe.php
+++ b/lib/Stripe.php
@@ -64,7 +64,7 @@ class Stripe
     /** @var float Initial delay between retries, in seconds */
     private static $initialNetworkRetryDelay = 0.5;
 
-    const VERSION = '16.2.0';
+    const VERSION = '16.3.0';
 
     /**
      * @return string the API key used for requests