diff --git a/CHANGELOG.md b/CHANGELOG.md
index 63c42ed5cb..3c75db7443 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,42 @@
 # Changelog
 
-## Version 0.16.0  (In development)
+## Version 0.16.0 (June 3rd, 2022)
+### Summary
+
+This release officially adds support for the digital dynamical decoupling (DDD) technique which is now [fully documented](https://mitiq.readthedocs.io/en/latest/guide/ddd.html) and so ready to be applied by Mitiq users. This is still very new technique and so, if you notice any bugs, please let us know by
+opening [issues](https://github.com/unitaryfund/mitiq/issues) on GihHub.
+A further notable addition is the function [generate_quantum_volume_circuit()](https://mitiq.readthedocs.io/en/latest/apidoc.html#mitiq.benchmarks.quantum_volume_circuits.generate_quantum_volume_circuit) by @nickdgardner, extending the Mitiq benchmarking module with quantum volume
+circuits.
+
+Congratulations to the new member of the Mitiq team @natestemen and special thanks to the external contributors @Aaron-Robertson, @nickdgardner, @ZhaoyiLi-HekJukZaaiZyuJan and @amirebrahimi!
+
+### All Changes
+
+- Add section 2 (use case) on DDD to user guide (@nathanshammah, gh-1304)
+- Update DDD options documentation (third section) (@andreamari, gh-1327)
+- Add additional options subsection for DDD (third section) (@Aaron-Robertson, gh-1326)
+- Add theory subsection for DDD (fifth section) (@andreamari, @natestemen, gh-1311)
+- Update amazon-braket-sdk requirement from ~=1.19.0 to ~=1.24.0 (@dependabot gh-1324, gh-1310, gh-1306, gh-1303, gh-1297, gh-1278, gh-1271)
+- Ensure lists in documentation are displayed properly (@natestemen, gh-1322)
+- Add quantum volume circuits to benchmarking module (@nickdgardner, gh-1281)
+- Update readme table with DDD (@andreamari, gh-1318)
+- Test PR for unitaryhack test bounty (@nathanshammah, gh-1317)
+- Fixes unexpected error from repeated rule (@Aaron-Robertson, gh-1316)
+- Update mypy requirement from ~=0.950 to ~=0.960 (@dependabot, gh-1314)
+- Use single URL when referring to google style (@natestemen, gh-1309)
+- Update close-stale.yml (@andreamari, gh-1295)
+- Update contributing docs (@amirebrahimi, gh-1305)  
+- Add fourth section of DDD docs (@andreamari, gh-1276) 
+- Fix citation file (@natestemen, gh-1299) 
+- Write the first sub-section of the DDD guide: How do I use DDD? (@Misty-W, gh-1277) 
+- Update qiskit requirement from ~=0.36.1 to ~=0.36.2 (@dependabot, gh-1302) 
+- Rename test_randomized_benchmaking.py to test_randomized_benchmarking.py (@nickdgardner, gh-1284)
+- Fix broken links in docs (@andreamari, gh-1282) 
+- Create file structure (@andreamari, gh-1275)
+- Update pennylane requirement from ~=0.23.0 to ~=0.23.1 (@dependabot, gh-1274) 
+- Fixed typo in documentation formula (@ZhaoyiLi-HekJukZaaiZyuJan, gh-1246) 
+- Update version to 0.16dev (@nathanshammah, gh-1268)
+
 
 ## Version 0.15.0 (April 29th, 2022)
 
diff --git a/VERSION.txt b/VERSION.txt
index eaee6f38c4..d183d4ace0 100644
--- a/VERSION.txt
+++ b/VERSION.txt
@@ -1 +1 @@
-0.16.0dev
\ No newline at end of file
+0.16.0
\ No newline at end of file