diff --git a/ReactAndroid/gradle.properties b/ReactAndroid/gradle.properties
index 04ef27362cf6fc..b9dc819355bbb5 100644
--- a/ReactAndroid/gradle.properties
+++ b/ReactAndroid/gradle.properties
@@ -12,7 +12,7 @@ JUNIT_VERSION=4.12
 FEST_ASSERT_CORE_VERSION=2.0M10
 
 ANDROIDX_TEST_VERSION=1.1.0
-FRESCO_VERSION=2.0.0
+FRESCO_VERSION=2.3.0
 OKHTTP_VERSION=3.12.12
 SO_LOADER_VERSION=0.9.0
 
diff --git a/ReactAndroid/src/main/libraries/fresco/fresco-react-native/BUCK b/ReactAndroid/src/main/libraries/fresco/fresco-react-native/BUCK
index 830cfd9da3f4f4..5d00cb1d640a6f 100644
--- a/ReactAndroid/src/main/libraries/fresco/fresco-react-native/BUCK
+++ b/ReactAndroid/src/main/libraries/fresco/fresco-react-native/BUCK
@@ -9,8 +9,8 @@ rn_android_prebuilt_aar(
 
 fb_native.remote_file(
     name = "fresco-binary-aar",
-    sha1 = "d473020b37b7cdd3171154942b55021a55a9d990",
-    url = "mvn:com.facebook.fresco:fresco:aar:2.0.0",
+    sha1 = "fbc98413bb32eefe882a07cc556c7a1224dc9f24",
+    url = "mvn:com.facebook.fresco:fresco:aar:2.3.0",
 )
 
 rn_android_prebuilt_aar(
@@ -21,8 +21,8 @@ rn_android_prebuilt_aar(
 
 fb_native.remote_file(
     name = "drawee-binary-aar",
-    sha1 = "a85bfaeb87a9c8d1521c70edf6ded91ff9999475",
-    url = "mvn:com.facebook.fresco:drawee:aar:2.0.0",
+    sha1 = "1cff917b6f19efe7a21ca542c8b8bed18d0d9779",
+    url = "mvn:com.facebook.fresco:drawee:aar:2.3.0",
 )
 
 rn_android_library(
@@ -44,8 +44,8 @@ rn_android_prebuilt_aar(
 
 fb_native.remote_file(
     name = "imagepipeline-base-aar",
-    sha1 = "d27635390665d433f987177c548d25d0473eadbe",
-    url = "mvn:com.facebook.fresco:imagepipeline-base:aar:2.0.0",
+    sha1 = "ed3c290961f4c20fffa0ce35c098714c1934523d",
+    url = "mvn:com.facebook.fresco:imagepipeline-base:aar:2.3.0",
 )
 
 rn_android_prebuilt_aar(
@@ -56,8 +56,8 @@ rn_android_prebuilt_aar(
 
 fb_native.remote_file(
     name = "imagepipeline-aar",
-    sha1 = "7bc59327fb4895c465cbfeede700daf349ea56da",
-    url = "mvn:com.facebook.fresco:imagepipeline:aar:2.0.0",
+    sha1 = "579954628c8e1da96e1585741f5dae08f282ce3e",
+    url = "mvn:com.facebook.fresco:imagepipeline:aar:2.3.0",
 )
 
 rn_android_prebuilt_aar(
@@ -68,8 +68,8 @@ rn_android_prebuilt_aar(
 
 remote_file(
     name = "nativeimagefilters-aar",
-    sha1 = "f49525db580abc4d2fb0a74fac771fc6c69f2adb",
-    url = "mvn:com.facebook.fresco:nativeimagefilters:aar:2.0.0",
+    sha1 = "1f4d81f8f6e2706ae848124d454c99cadd85496c",
+    url = "mvn:com.facebook.fresco:nativeimagefilters:aar:2.3.0",
 )
 
 rn_prebuilt_jar(
@@ -92,8 +92,8 @@ rn_android_prebuilt_aar(
 
 fb_native.remote_file(
     name = "fbcore-aar",
-    sha1 = "8de91f71e8aa84a4d9be4dd88d1a0ac51600ad60",
-    url = "mvn:com.facebook.fresco:fbcore:aar:2.0.0",
+    sha1 = "6d568ce3e1a5377c390dbde6f150884fecd61bd0",
+    url = "mvn:com.facebook.fresco:fbcore:aar:2.3.0",
 )
 
 rn_android_prebuilt_aar(
@@ -104,6 +104,6 @@ rn_android_prebuilt_aar(
 
 fb_native.remote_file(
     name = "imagepipeline-okhttp3-binary-aar",
-    sha1 = "bc1212ca66cd09678b416894ea8bd04102d26c5f",
-    url = "mvn:com.facebook.fresco:imagepipeline-okhttp3:aar:2.0.0",
+    sha1 = "1065513f02b97ee46601d92105151ae9e2111bfc",
+    url = "mvn:com.facebook.fresco:imagepipeline-okhttp3:aar:2.3.0",
 )