diff --git a/cli/src/main.rs b/cli/src/main.rs
index 0c6407423..8a846d81d 100644
--- a/cli/src/main.rs
+++ b/cli/src/main.rs
@@ -50,7 +50,7 @@ fn main() -> Result<()> {
     }
 
     let mnemonic = persistence.get_or_create_mnemonic()?;
-    let wallet = Wallet::init(mnemonic.to_string())?;
+    let wallet = Wallet::init(&mnemonic.to_string())?;
 
     loop {
         let readline = rl.readline("breez-liquid> ");
diff --git a/lib/src/wallet.rs b/lib/src/wallet.rs
index f0d5be4e8..95f5211d5 100644
--- a/lib/src/wallet.rs
+++ b/lib/src/wallet.rs
@@ -43,8 +43,8 @@ pub struct Wallet {
 }
 
 impl Wallet {
-    pub fn init(mnemonic: String) -> Result<Arc<Wallet>> {
-        let signer = SwSigner::new(&mnemonic, false)?;
+    pub fn init(mnemonic: &str) -> Result<Arc<Wallet>> {
+        let signer = SwSigner::new(mnemonic, false)?;
         let descriptor = singlesig_desc(
             &signer,
             Singlesig::Wpkh,