diff --git a/ios/Podfile.lock b/ios/Podfile.lock
index 2f3bb62478cb1..9cb3cd9f35560 100644
--- a/ios/Podfile.lock
+++ b/ios/Podfile.lock
@@ -2875,7 +2875,7 @@ PODS:
   - RNGoogleSignin (10.0.1):
     - GoogleSignIn (~> 7.0)
     - React-Core
-  - RNLiveMarkdown (0.1.294):
+  - RNLiveMarkdown (0.1.302):
     - DoubleConversion
     - glog
     - hermes-engine
@@ -3005,7 +3005,7 @@ PODS:
     - ReactCommon/turbomodule/bridging
     - ReactCommon/turbomodule/core
     - Yoga
-  - RNReanimated (3.17.1):
+  - RNReanimated (3.19.1):
     - DoubleConversion
     - glog
     - hermes-engine
@@ -3028,10 +3028,10 @@ PODS:
     - ReactCodegen
     - ReactCommon/turbomodule/bridging
     - ReactCommon/turbomodule/core
-    - RNReanimated/reanimated (= 3.17.1)
-    - RNReanimated/worklets (= 3.17.1)
+    - RNReanimated/reanimated (= 3.19.1)
+    - RNReanimated/worklets (= 3.19.1)
     - Yoga
-  - RNReanimated/reanimated (3.17.1):
+  - RNReanimated/reanimated (3.19.1):
     - DoubleConversion
     - glog
     - hermes-engine
@@ -3054,9 +3054,9 @@ PODS:
     - ReactCodegen
     - ReactCommon/turbomodule/bridging
     - ReactCommon/turbomodule/core
-    - RNReanimated/reanimated/apple (= 3.17.1)
+    - RNReanimated/reanimated/apple (= 3.19.1)
     - Yoga
-  - RNReanimated/reanimated/apple (3.17.1):
+  - RNReanimated/reanimated/apple (3.19.1):
     - DoubleConversion
     - glog
     - hermes-engine
@@ -3080,7 +3080,7 @@ PODS:
     - ReactCommon/turbomodule/bridging
     - ReactCommon/turbomodule/core
     - Yoga
-  - RNReanimated/worklets (3.17.1):
+  - RNReanimated/worklets (3.19.1):
     - DoubleConversion
     - glog
     - hermes-engine
@@ -3103,9 +3103,9 @@ PODS:
     - ReactCodegen
     - ReactCommon/turbomodule/bridging
     - ReactCommon/turbomodule/core
-    - RNReanimated/worklets/apple (= 3.17.1)
+    - RNReanimated/worklets/apple (= 3.19.1)
     - Yoga
-  - RNReanimated/worklets/apple (3.17.1):
+  - RNReanimated/worklets/apple (3.19.1):
     - DoubleConversion
     - glog
     - hermes-engine
@@ -3129,7 +3129,7 @@ PODS:
     - ReactCommon/turbomodule/bridging
     - ReactCommon/turbomodule/core
     - Yoga
-  - RNScreens (4.11.1):
+  - RNScreens (4.12.0):
     - DoubleConversion
     - glog
     - hermes-engine
@@ -3153,9 +3153,9 @@ PODS:
     - ReactCodegen
     - ReactCommon/turbomodule/bridging
     - ReactCommon/turbomodule/core
-    - RNScreens/common (= 4.11.1)
+    - RNScreens/common (= 4.12.0)
     - Yoga
-  - RNScreens/common (4.11.1):
+  - RNScreens/common (4.12.0):
     - DoubleConversion
     - glog
     - hermes-engine
@@ -3847,7 +3847,7 @@ SPEC CHECKSUMS:
   React-microtasksnativemodule: 8fc1bfccd27980ed6cfec1f52ffcd6af336f48f7
   react-native-advanced-input-mask: 34f8a63cda1e7225ff0093b300181508a910ef41
   react-native-airship: ff2599900d29e0e64ff2b2dd9f897c0c220a9163
-  react-native-app-logs: 45d7515e7a92e61be56dffb10f315b578dedee01
+  react-native-app-logs: 6540c5f6f66f33cb52d0bb62f0a10131ff3a9589
   react-native-blob-util: a013bd1bb12de304a726c2308cc0e219f34ab66c
   react-native-cameraroll: d98f8a64b53620754864c33a034e054ca4a3b360
   react-native-config: ab9f9cc16883aed5355ca43478fe39e6aec5ebb9
@@ -3855,7 +3855,7 @@ SPEC CHECKSUMS:
   react-native-geolocation: d5114c4ea019574f76344eca8503555ba1208b46
   react-native-image-picker: 05b58a33b780623da2f891c55dcc57c6aa867d83
   react-native-key-command: b04997038f8fe4a03b711abe36cd84ced93c50b3
-  react-native-keyboard-controller: 2602bca1715435e3742c5a69d45ff42c1d97e1b9
+  react-native-keyboard-controller: bf564ee7ea1a9b4681aa83989a06f3990b4291a1
   react-native-launch-arguments: 5f41e0abf88a15e3c5309b8875d6fd5ac43df49d
   react-native-netinfo: b8577cba87fbe7b7740c279ee23d25d7c5d87666
   react-native-pager-view: 12c1b7b6f50efb3e5d57d62ea5c601cba0585bfd
@@ -3911,14 +3911,14 @@ SPEC CHECKSUMS:
   RNFS: 4ac0f0ea233904cb798630b3c077808c06931688
   RNGestureHandler: b249b5be5a3659025aed8898aaaafd567dc2d660
   RNGoogleSignin: ccaa4a81582cf713eea562c5dd9dc1961a715fd0
-  RNLiveMarkdown: a2f598d3a4a025543185c2b5aa6ab86e9dfaaf8c
+  RNLiveMarkdown: 33974079f2be0b5c5e6032582c265494f00a8ce4
   RNLocalize: d4b8af4e442d4bcca54e68fc687a2129b4d71a81
   rnmapbox-maps: a5569b64e3ca5fcd1be1f9d5bb478bf601d2a033
   RNNitroSQLite: a1b0f1a665c54fc0f2510a292c1bf8ac4d44231b
   RNPermissions: fd6b2676e74ecb6d2dec0a6168502ab7af733e34
   RNReactNativeHapticFeedback: 85c0a6ff490d52f5e8073040296fefe5945ebbfa
-  RNReanimated: 71c3cc66ee4866e550ddc202e01cd670de3b9ed5
-  RNScreens: d9d5d8a2a484bb4446968bfa00db991f1117db44
+  RNReanimated: 0692f0b36f15b83a7936c3611cab923e1396eeb9
+  RNScreens: 9cb0d4b69067d62d51c278730bb0322f5cbd8d8e
   RNShare: 1e3e15a3d2608acde2808bc35448e2344e38e15b
   RNSound: 6c156f925295bdc83e8e422e7d8b38d33bc71852
   RNSVG: 2aeb75970331da3a64cb89309f7fd7bd3769260a
diff --git a/package-lock.json b/package-lock.json
index 997679f795a31..7c5df9f4901e4 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -17,7 +17,7 @@
         "@expensify/nitro-utils": "file:./modules/ExpensifyNitroUtils",
         "@expensify/react-native-background-task": "file:./modules/background-task",
         "@expensify/react-native-hybrid-app": "file:./modules/hybrid-app",
-        "@expensify/react-native-live-markdown": "0.1.299",
+        "@expensify/react-native-live-markdown": "0.1.302",
         "@expensify/react-native-wallet": "^0.1.5",
         "@expo/metro-runtime": "^5.0.4",
         "@firebase/app": "^0.13.2",
@@ -3814,9 +3814,9 @@
       "link": true
     },
     "node_modules/@expensify/react-native-live-markdown": {
-      "version": "0.1.299",
-      "resolved": "https://registry.npmjs.org/@expensify/react-native-live-markdown/-/react-native-live-markdown-0.1.299.tgz",
-      "integrity": "sha512-kqbNG726Xtk3V2TFll1rxJSRdAQUZ2Ret3bEYopEm49fcy5FLCQZ76MVm5yg6dbpnYnqRukQ+aIut1lEXzoMiw==",
+      "version": "0.1.302",
+      "resolved": "https://registry.npmjs.org/@expensify/react-native-live-markdown/-/react-native-live-markdown-0.1.302.tgz",
+      "integrity": "sha512-0mTy7A6myWwBviQAI47LvcmxGQ+x3O4b7Vt9JJyTXcp9b8N6wPsBhe9YMjzBLqGFYP00ucGNV13P64R9XLglag==",
       "license": "MIT",
       "workspaces": [
         "./example",
@@ -3826,7 +3826,7 @@
         "node": ">= 18.0.0"
       },
       "peerDependencies": {
-        "expensify-common": ">=2.0.115",
+        "expensify-common": ">=2.0.148",
         "react": "*",
         "react-native": "*",
         "react-native-reanimated": ">=3.17.0"
diff --git a/package.json b/package.json
index dcf32cb8613f7..675fbc665fdd0 100644
--- a/package.json
+++ b/package.json
@@ -87,7 +87,7 @@
     "@expensify/nitro-utils": "file:./modules/ExpensifyNitroUtils",
     "@expensify/react-native-background-task": "file:./modules/background-task",
     "@expensify/react-native-hybrid-app": "file:./modules/hybrid-app",
-    "@expensify/react-native-live-markdown": "0.1.299",
+    "@expensify/react-native-live-markdown": "0.1.302",
     "@expensify/react-native-wallet": "^0.1.5",
     "@expo/metro-runtime": "^5.0.4",
     "@firebase/app": "^0.13.2",
diff --git a/src/hooks/useMarkdownStyle.ts b/src/hooks/useMarkdownStyle.ts
index 817a105f5bfbd..8b7ade3164fa9 100644
--- a/src/hooks/useMarkdownStyle.ts
+++ b/src/hooks/useMarkdownStyle.ts
@@ -55,13 +55,19 @@ function useMarkdownStyle(hasMessageOnlyEmojis: boolean, excludeStyles: Array<ke
                 fontFamily: FontUtils.fontFamily.platform.MONOSPACE.fontFamily,
                 fontSize: 13, // TODO: should be 15 if inside h1, see StyleUtils.getCodeFontSize
                 color: theme.text,
-                backgroundColor: 'transparent',
+                paddingHorizontal: 5,
+                borderColor: theme.border,
+                backgroundColor: theme.textBackground,
+                h1NestedFontSize: 15,
             },
             pre: {
                 ...FontUtils.fontFamily.platform.MONOSPACE,
                 fontSize: 13,
                 color: theme.text,
-                backgroundColor: 'transparent',
+                paddingVertical: 8,
+                paddingHorizontal: 12,
+                borderColor: theme.border,
+                backgroundColor: theme.textBackground,
             },
             mentionHere: {
                 color: theme.ourMentionText,