diff --git a/bitcoin_client/ledger_bitcoin/client.py b/bitcoin_client/ledger_bitcoin/client.py
index 89279df36..6fe983152 100644
--- a/bitcoin_client/ledger_bitcoin/client.py
+++ b/bitcoin_client/ledger_bitcoin/client.py
@@ -42,7 +42,7 @@ def parse_stream_to_map(f: BufferedReader) -> Mapping[bytes, bytes]:
 
 
 def aggr_xpub(pubkeys: List[bytes], chain: Chain) -> str:
-    BIP_MUSIG_CHAINCODE = bytes.fromhex(
+    BIP_328_CHAINCODE = bytes.fromhex(
         "868087ca02a6f974c4598924c36b57762d32cb45717167e300622c7167e38965")
     # sort the pubkeys prior to aggregation
     ctx = key_agg(list(sorted(pubkeys)))
@@ -59,7 +59,7 @@ def aggr_xpub(pubkeys: List[bytes], chain: Chain) -> str:
         b'\x00',  # depth
         b'\x00\x00\x00\x00',  # parent fingerprint
         b'\x00\x00\x00\x00',  # child number
-        BIP_MUSIG_CHAINCODE,
+        BIP_328_CHAINCODE,
         compressed_pubkey
     ]))
 
diff --git a/src/handler/lib/policy.c b/src/handler/lib/policy.c
index 38408c5d3..1bbf1630c 100644
--- a/src/handler/lib/policy.c
+++ b/src/handler/lib/policy.c
@@ -500,7 +500,7 @@ __attribute__((warn_unused_result)) static int get_derived_pubkey(
 
         ext_pubkey.compressed_pubkey[0] = (musig_ctx.Q.y[31] % 2 == 0) ? 2 : 3;
         memcpy(&ext_pubkey.compressed_pubkey[1], musig_ctx.Q.x, sizeof(musig_ctx.Q.x));
-        memcpy(&ext_pubkey.chain_code, BIP_MUSIG_CHAINCODE, sizeof(BIP_MUSIG_CHAINCODE));
+        memcpy(&ext_pubkey.chain_code, BIP_328_CHAINCODE, sizeof(BIP_328_CHAINCODE));
     } else {
         LEDGER_ASSERT(false, "Unreachable code");
     }
diff --git a/src/handler/sign_psbt.c b/src/handler/sign_psbt.c
index fd2b5731c..afa39e3c8 100644
--- a/src/handler/sign_psbt.c
+++ b/src/handler/sign_psbt.c
@@ -821,9 +821,7 @@ static bool fill_keyexpr_info_if_internal(dispatcher_context_t *dc,
             memcpy(&keyexpr_info->pubkey.compressed_pubkey[1],
                    musig_ctx.Q.x,
                    sizeof(musig_ctx.Q.x));
-            memcpy(&keyexpr_info->pubkey.chain_code,
-                   BIP_MUSIG_CHAINCODE,
-                   sizeof(BIP_MUSIG_CHAINCODE));
+            memcpy(&keyexpr_info->pubkey.chain_code, BIP_328_CHAINCODE, sizeof(BIP_328_CHAINCODE));
 
             keyexpr_info->fingerprint =
                 crypto_get_key_fingerprint(keyexpr_info->pubkey.compressed_pubkey);
@@ -2589,7 +2587,7 @@ sign_sighash_musig_and_yield(dispatcher_context_t *dc,
 
     ext_pubkey.compressed_pubkey[0] = (musig_ctx.Q.y[31] % 2 == 0) ? 2 : 3;
     memcpy(&ext_pubkey.compressed_pubkey[1], musig_ctx.Q.x, sizeof(musig_ctx.Q.x));
-    memcpy(&ext_pubkey.chain_code, BIP_MUSIG_CHAINCODE, sizeof(BIP_MUSIG_CHAINCODE));
+    memcpy(&ext_pubkey.chain_code, BIP_328_CHAINCODE, sizeof(BIP_328_CHAINCODE));
 
     // 2) compute musig2 tweaks
     // We always have exactly 2 BIP32 tweaks in wallet policies; if the musig is in the keypath
diff --git a/src/musig/musig.h b/src/musig/musig.h
index 1632bd085..4a7657672 100644
--- a/src/musig/musig.h
+++ b/src/musig/musig.h
@@ -5,8 +5,7 @@
 
 #define MUSIG_PUBNONCE_SIZE 66
 
-// TODO: rename once BIP number is assigned
-static uint8_t BIP_MUSIG_CHAINCODE[32] = {
+static uint8_t BIP_328_CHAINCODE[32] = {
     0x86, 0x80, 0x87, 0xCA, 0x02, 0xA6, 0xF9, 0x74, 0xC4, 0x59, 0x89, 0x24, 0xC3, 0x6B, 0x57, 0x76,
     0x2D, 0x32, 0xCB, 0x45, 0x71, 0x71, 0x67, 0xE3, 0x00, 0x62, 0x2C, 0x71, 0x67, 0xE3, 0x89, 0x65};