diff --git a/Cargo.lock b/Cargo.lock
index d0a1fe2..8f12880 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1,6 +1,6 @@
 # This file is automatically @generated by Cargo.
 # It is not intended for manual editing.
-version = 3
+version = 4
 
 [[package]]
 name = "aho-corasick"
@@ -126,7 +126,6 @@ dependencies = [
  "env_logger",
  "exitcode",
  "home-config",
- "lazy_static",
  "log",
  "regex",
  "reqwest",
@@ -891,12 +890,6 @@ dependencies = [
  "wasm-bindgen",
 ]
 
-[[package]]
-name = "lazy_static"
-version = "1.5.0"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "bbd2bcb4c963f2ddae06a2efc7e9f3591312473c50c6685e1f298068316e66fe"
-
 [[package]]
 name = "libc"
 version = "0.2.183"
diff --git a/Cargo.toml b/Cargo.toml
index b982ed1..d26a639 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -27,7 +27,6 @@ tabled = "0.20.0"
 thiserror = "2.0.18"
 thousands = "0.2.0"
 typetag = "0.2"
-lazy_static = "1.5.0"
 
 [dev-dependencies]
 assert_cmd = "2.1.2"
diff --git a/src/currency/fiat.rs b/src/currency/fiat.rs
index 4564b90..7c758da 100644
--- a/src/currency/fiat.rs
+++ b/src/currency/fiat.rs
@@ -1,20 +1,20 @@
 use crate::fiat_rates::blockchain_info_consumer;
-use lazy_static::lazy_static;
 use serde::{Deserialize, Serialize};
-use std::sync::Mutex;
+use std::sync::{LazyLock, Mutex};
 use strum_macros::{Display, EnumString};
 
 use crate::currency::Currency;
 use crate::fiat_rates::exchange_rate_provider::ExchangeRateProvider;
 
 // Static to have an easy way of caching the exchange rates.
-lazy_static! {
-    static ref EXCHANGE_RATE_PROVIDER: Mutex<ExchangeRateProvider<blockchain_info_consumer::ApiConsumer>> =
-        Mutex::new(ExchangeRateProvider {
-            data_source: blockchain_info_consumer::ApiConsumer,
-            data: None,
-        });
-}
+static EXCHANGE_RATE_PROVIDER: LazyLock<
+    Mutex<ExchangeRateProvider<blockchain_info_consumer::ApiConsumer>>,
+> = LazyLock::new(|| {
+    Mutex::new(ExchangeRateProvider {
+        data_source: blockchain_info_consumer::ApiConsumer,
+        data: None,
+    })
+});
 
 #[derive(Serialize, Deserialize, Debug, PartialEq, Eq, Hash, EnumString, Display)]
 #[strum(ascii_case_insensitive, serialize_all = "UPPERCASE")]