diff --git a/assets/client.go b/assets/client.go
index 7eef98b0..4de89eb3 100644
--- a/assets/client.go
+++ b/assets/client.go
@@ -289,7 +289,11 @@ func getSatsFromAssetAmt(assetAmt uint64, assetRate *rfqrpc.FixedPoint) (
 
 	assetUnits := rfqmath.NewBigIntFixedPoint(assetAmt, 0)
 
-	msatAmt := rfqmath.UnitsToMilliSatoshi(assetUnits, *rateFP)
+	msatAmt, err := rfqmath.UnitsToMilliSatoshi(assetUnits, *rateFP)
+	if err != nil {
+		return 0, fmt.Errorf("cannot convert asset amount to msat: %w",
+			err)
+	}
 
 	return msatAmt.ToSatoshis(), nil
 }
diff --git a/assets/client_test.go b/assets/client_test.go
index 5941ae44..49687e76 100644
--- a/assets/client_test.go
+++ b/assets/client_test.go
@@ -380,6 +380,12 @@ func TestGetRfqTimeoutSeconds(t *testing.T) {
 }
 
 func TestGetSatsFromAssetAmt(t *testing.T) {
+	msatPerBTC := uint64(lnwire.NewMSatFromSatoshis(
+		btcutil.SatoshiPerBitcoin,
+	))
+
+	maxAssetAmt := math.MaxUint64 / msatPerBTC
+
 	tests := []struct {
 		assetAmt    uint64
 		assetRate   *rfqrpc.FixedPoint
@@ -437,6 +443,23 @@ func TestGetSatsFromAssetAmt(t *testing.T) {
 			},
 			expectError: true,
 		},
+		{
+			assetAmt: maxAssetAmt,
+			assetRate: &rfqrpc.FixedPoint{
+				Coefficient: "1", Scale: 0,
+			},
+			expected: btcutil.Amount(
+				maxAssetAmt * uint64(btcutil.SatoshiPerBitcoin),
+			),
+			expectError: false,
+		},
+		{
+			assetAmt: maxAssetAmt + 1,
+			assetRate: &rfqrpc.FixedPoint{
+				Coefficient: "1", Scale: 0,
+			},
+			expectError: true,
+		},
 	}
 
 	for _, test := range tests {
diff --git a/docs/release-notes/release-notes-next.md b/docs/release-notes/release-notes-next.md
index 1f889227..5aa8195f 100644
--- a/docs/release-notes/release-notes-next.md
+++ b/docs/release-notes/release-notes-next.md
@@ -26,6 +26,9 @@
 
 #### Maintenance
 
+* Updated the Taproot Assets dependency to v0.8.1; asset conversions that
+  overflow a millisatoshi amount are now safely rejected.
+
 * Added a CI gate and repository agent guidance requiring every pull request to
   include a non-empty entry in the next release notes unless it carries the
   `no-changelog` label.
diff --git a/go.mod b/go.mod
index 4a32aa7d..8ca9bde6 100644
--- a/go.mod
+++ b/go.mod
@@ -22,8 +22,8 @@ require (
 	github.com/lightninglabs/lndclient v0.21.0-2
 	github.com/lightninglabs/loop/looprpc v1.0.7
 	github.com/lightninglabs/loop/swapserverrpc v1.0.14
-	github.com/lightninglabs/taproot-assets v0.8.0
-	github.com/lightninglabs/taproot-assets/taprpc v1.1.0
+	github.com/lightninglabs/taproot-assets v0.8.1
+	github.com/lightninglabs/taproot-assets/taprpc v1.2.0
 	github.com/lightningnetwork/lnd v0.21.0-beta
 	github.com/lightningnetwork/lnd/cert v1.2.2
 	github.com/lightningnetwork/lnd/clock v1.1.1
diff --git a/go.sum b/go.sum
index 9ba8984a..ef055426 100644
--- a/go.sum
+++ b/go.sum
@@ -392,10 +392,10 @@ github.com/lightninglabs/neutrino/cache v1.1.3 h1:rgnabC41W+XaPuBTQrdeFjFCCAVKh1
 github.com/lightninglabs/neutrino/cache v1.1.3/go.mod h1:qxkJb+pUxR5p84jl5uIGFCR4dGdFkhNUwMSxw3EUWls=
 github.com/lightninglabs/protobuf-go-hex-display v1.34.2-hex-display h1:w7FM5LH9Z6CpKxl13mS48idsu6F+cEZf0lkyiV+Dq9g=
 github.com/lightninglabs/protobuf-go-hex-display v1.34.2-hex-display/go.mod h1:qYOHts0dSfpeUzUFpOMr/WGzszTmLH+DiWniOlNbLDw=
-github.com/lightninglabs/taproot-assets v0.8.0 h1:8Mky342/f5hbVm94Owj0YveIdKuTasJwFB6uqAa5/gc=
-github.com/lightninglabs/taproot-assets v0.8.0/go.mod h1:SEoMeNzpENVUPnvuqllkDhl7QvNE74+Dtb/dnkbrygg=
-github.com/lightninglabs/taproot-assets/taprpc v1.1.0 h1:Oum7ddGygrEaT+NHqpaQI8U6pV5jJUH4hvhezl5y00k=
-github.com/lightninglabs/taproot-assets/taprpc v1.1.0/go.mod h1:X7XP753o8xCgjVI2mRu1Tvpyk3k4uybGDMFhpF6IRxI=
+github.com/lightninglabs/taproot-assets v0.8.1 h1:E0xbHcQ/B+KmMZz6o3nqiYSMcDs2Vu0aWd+FuomDFYg=
+github.com/lightninglabs/taproot-assets v0.8.1/go.mod h1:iq4ZybixussUx6NUaMYyo20uXMptibhbVLM3y/0ihIc=
+github.com/lightninglabs/taproot-assets/taprpc v1.2.0 h1:CDiGyo19DTUyJcZTdhp5d6AQBz94N+mpGQNO0kEcnPk=
+github.com/lightninglabs/taproot-assets/taprpc v1.2.0/go.mod h1:RkBWxHKN8JpPtoa/yBK5qZW5svz5pR9GAOT2rUP7oOI=
 github.com/lightningnetwork/lightning-onion v1.3.0 h1:FqILgHjD6euc/Muo1VOzZ4+XDPuFnw6EYROBq0rR/5c=
 github.com/lightningnetwork/lightning-onion v1.3.0/go.mod h1:nP85zMHG7c0si/eHBbSQpuDCtnIXfSvFrK3tW6YWzmU=
 github.com/lightningnetwork/lnd v0.21.0-beta h1:bDP5UH15E7DVGTztsmBPQLqgyilq5EXDrglvQFmRc3U=