diff --git a/fastapi_users/password.py b/fastapi_users/password.py
index 31cbce38..77775a66 100644
--- a/fastapi_users/password.py
+++ b/fastapi_users/password.py
@@ -3,7 +3,7 @@ from typing import Tuple
 from passlib import pwd
 from passlib.context import CryptContext
 
-pwd_context = CryptContext(schemes=["bcrypt"], deprecated="auto")
+pwd_context = CryptContext(schemes=["argon2", "bcrypt"], deprecated="auto")
 
 
 def verify_and_update_password(
diff --git a/requirements.txt b/requirements.txt
index 1edb8abd..83443c1c 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -1,5 +1,5 @@
 fastapi >=0.65.2,<0.71.0
-passlib[bcrypt] ==1.7.4
+passlib[argon2,bcrypt] ==1.7.4
 email-validator >=1.1.2,<1.2
 pyjwt ==2.3.0
 python-multipart ==0.0.5