diff --git a/Cargo.lock b/Cargo.lock
index 505612b0cb0..75bc8494dd7 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -559,6 +559,12 @@ version = "0.7.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "2dabbe35f96fb9507f7330793dc490461b2962659ac5d427181e451a623751d1"
 
+[[package]]
+name = "bech32"
+version = "0.9.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "d86b93f97252c47b41663388e6d155714a9d0c398b99f1005cbc5f978b29f445"
+
 [[package]]
 name = "bincode"
 version = "1.3.3"
@@ -992,7 +998,7 @@ checksum = "c94090a6663f224feae66ab01e41a2555a8296ee07b5f20dab8888bdefc9f617"
 dependencies = [
  "base58check",
  "base64 0.12.3",
- "bech32",
+ "bech32 0.7.3",
  "blake2",
  "digest 0.10.6",
  "generic-array 0.14.6",
@@ -2278,6 +2284,7 @@ name = "fuel-core-chain-config"
 version = "0.15.1"
 dependencies = [
  "anyhow",
+ "bech32 0.9.1",
  "bincode",
  "fuel-core-poa",
  "fuel-core-storage",
diff --git a/crates/chain-config/Cargo.toml b/crates/chain-config/Cargo.toml
index 20721cd595d..4878f8c6302 100644
--- a/crates/chain-config/Cargo.toml
+++ b/crates/chain-config/Cargo.toml
@@ -12,6 +12,7 @@ description = "Fuel Chain config types"
 
 [dependencies]
 anyhow = "1.0"
+bech32 = "0.9.0"
 bincode = "1.3"
 fuel-core-poa = { path = "../services/consensus_module/poa", version = "0.15.1" }
 fuel-core-storage = { path = "../storage", version = "0.15.1" }
diff --git a/crates/chain-config/src/config/chain.rs b/crates/chain-config/src/config/chain.rs
index 3a7c01972c0..8a5b292a12e 100644
--- a/crates/chain-config/src/config/chain.rs
+++ b/crates/chain-config/src/config/chain.rs
@@ -1,3 +1,7 @@
+use bech32::{
+    ToBase32,
+    Variant::Bech32m,
+};
 use fuel_core_storage::MerkleRoot;
 use fuel_core_types::{
     fuel_crypto::Hasher,
@@ -5,6 +9,7 @@ use fuel_core_types::{
     fuel_types::{
         Address,
         AssetId,
+        Bytes32,
     },
 };
 use itertools::Itertools;
@@ -17,20 +22,22 @@ use serde::{
     Serialize,
 };
 use serde_with::skip_serializing_none;
-
 use std::{
     io::ErrorKind,
     path::PathBuf,
     str::FromStr,
 };
 
-use crate::GenesisCommitment;
-
-use super::{
-    coin::CoinConfig,
-    state::StateConfig,
+use crate::{
+    config::{
+        coin::CoinConfig,
+        state::StateConfig,
+    },
+    genesis::GenesisCommitment,
 };
 
+// Fuel Network human-readable part for bech32 encoding
+pub const FUEL_BECH32_HRP: &str = "fuel";
 pub const LOCAL_TESTNET: &str = "local_testnet";
 pub const TESTNET_INITIAL_BALANCE: u64 = 10_000_000;
 
@@ -72,10 +79,15 @@ impl ChainConfig {
             .map(|_| {
                 let secret = fuel_core_types::fuel_crypto::SecretKey::random(&mut rng);
                 let address = Address::from(*secret.public_key().hash());
+                let bech32_data = Bytes32::new(*address).to_base32();
+                let bech32_encoding =
+                    bech32::encode(FUEL_BECH32_HRP, bech32_data, Bech32m).unwrap();
+
                 tracing::info!(
-                    "PrivateKey({:#x}), Address({:#x}), Balance({})",
+                    "PrivateKey({:#x}), Address({:#x} [bech32: {}]), Balance({})",
                     secret,
                     address,
+                    bech32_encoding,
                     TESTNET_INITIAL_BALANCE
                 );
                 CoinConfig {