diff --git a/src/wallet/wallet.h b/src/wallet/wallet.h
index 57b22c0e49..f1e2b5b40c 100644
--- a/src/wallet/wallet.h
+++ b/src/wallet/wallet.h
@@ -60,7 +60,7 @@ static const bool DEFAULT_AVOIDPARTIALSPENDS = false;
 //! -txconfirmtarget default
 static const unsigned int DEFAULT_TX_CONFIRM_TARGET = 6;
 //! -walletrbf default
-static const bool DEFAULT_WALLET_RBF = false;
+static const bool DEFAULT_WALLET_RBF = true;
 static const bool DEFAULT_WALLETBROADCAST = true;
 static const bool DEFAULT_DISABLE_WALLET = false;
 
diff --git a/test/bitcoin_functional/functional/test_framework/util.py b/test/bitcoin_functional/functional/test_framework/util.py
index 9a0ba81041..ed16741f6d 100644
--- a/test/bitcoin_functional/functional/test_framework/util.py
+++ b/test/bitcoin_functional/functional/test_framework/util.py
@@ -305,10 +305,12 @@ def initialize_datadir(dirname, n, chain):
         f.write("discover=0\n")
         f.write("listenonion=0\n")
         f.write("printtoconsole=0\n")
+        # Elements:
         f.write("con_blocksubsidy=5000000000\n")
         f.write("con_connect_coinbase=0\n")
         f.write("anyonecanspendaremine=0\n")
         f.write("con_blockheightinheader=0\n")
+        f.write("walletrbf=0\n") # Default is 1 in Elements
         f.write("con_bip34height=100000000\n")
         f.write("con_bip65height=1351\n")
         f.write("con_bip66height=1251\n")
diff --git a/test/functional/test_framework/util.py b/test/functional/test_framework/util.py
index d250fd117d..23b2f5bc2c 100644
--- a/test/functional/test_framework/util.py
+++ b/test/functional/test_framework/util.py
@@ -305,9 +305,11 @@ def initialize_datadir(dirname, n, chain):
         f.write("discover=0\n")
         f.write("listenonion=0\n")
         f.write("printtoconsole=0\n")
+        # Elements:
         f.write("con_blocksubsidy=5000000000\n")
         f.write("con_connect_coinbase=0\n")
         f.write("anyonecanspendaremine=0\n")
+        f.write("walletrbf=0\n") # Default is 1 in Elements
         f.write("con_bip34height=100000000\n")
         f.write("con_bip65height=1351\n")
         f.write("con_bip66height=1251\n")