diff --git a/ios/Podfile.lock b/ios/Podfile.lock
index f564bfd931e4..ed387a8d522f 100644
--- a/ios/Podfile.lock
+++ b/ios/Podfile.lock
@@ -1697,25 +1697,6 @@ PODS:
     - React-perflogger (= 0.73.4)
   - RNAppleAuthentication (2.2.2):
     - React-Core
-  - RNCAsyncStorage (1.21.0):
-    - glog
-    - hermes-engine
-    - RCT-Folly (= 2022.05.16.00)
-    - RCTRequired
-    - RCTTypeSafety
-    - React-Codegen
-    - React-Core
-    - React-debug
-    - React-Fabric
-    - React-graphics
-    - React-ImageManager
-    - React-NativeModulesApple
-    - React-RCTFabric
-    - React-rendererdebug
-    - React-utils
-    - ReactCommon/turbomodule/bridging
-    - ReactCommon/turbomodule/core
-    - Yoga
   - RNCClipboard (1.13.2):
     - glog
     - hermes-engine
@@ -2154,7 +2135,6 @@ DEPENDENCIES:
   - React-utils (from `../node_modules/react-native/ReactCommon/react/utils`)
   - ReactCommon/turbomodule/core (from `../node_modules/react-native/ReactCommon`)
   - "RNAppleAuthentication (from `../node_modules/@invertase/react-native-apple-authentication`)"
-  - "RNCAsyncStorage (from `../node_modules/@react-native-async-storage/async-storage`)"
   - "RNCClipboard (from `../node_modules/@react-native-clipboard/clipboard`)"
   - "RNCPicker (from `../node_modules/@react-native-picker/picker`)"
   - RNDeviceInfo (from `../node_modules/react-native-device-info`)
@@ -2385,8 +2365,6 @@ EXTERNAL SOURCES:
     :path: "../node_modules/react-native/ReactCommon"
   RNAppleAuthentication:
     :path: "../node_modules/@invertase/react-native-apple-authentication"
-  RNCAsyncStorage:
-    :path: "../node_modules/@react-native-async-storage/async-storage"
   RNCClipboard:
     :path: "../node_modules/@react-native-clipboard/clipboard"
   RNCPicker:
@@ -2551,7 +2529,6 @@ SPEC CHECKSUMS:
   React-utils: 6e5ad394416482ae21831050928ae27348f83487
   ReactCommon: 840a955d37b7f3358554d819446bffcf624b2522
   RNAppleAuthentication: 0571c08da8c327ae2afc0261b48b4a515b0286a6
-  RNCAsyncStorage: 559f22cc4b582414e783fd7255974b29e24b451c
   RNCClipboard: c73bbc2e9012120161f1012578418827983bfd0c
   RNCPicker: c77efa39690952647b83d8085520bf50ebf94ecb
   RNDeviceInfo: cbf78fdb515ae73e641ee7c6b474f77a0299e7e6
@@ -2581,7 +2558,7 @@ SPEC CHECKSUMS:
   SocketRocket: f32cd54efbe0f095c4d7594881e52619cfe80b17
   Turf: 13d1a92d969ca0311bbc26e8356cca178ce95da2
   VisionCamera: 3033e0dd5272d46e97bcb406adea4ae0e6907abf
-  Yoga: 1b901a6d6eeba4e8a2e8f308f708691cdb5db312
+  Yoga: 64cd2a583ead952b0315d5135bf39e053ae9be70
 
 PODFILE CHECKSUM: a25a81f2b50270f0c0bd0aff2e2ebe4d0b4ec06d
 
diff --git a/package-lock.json b/package-lock.json
index b9a01bba1395..8caa0401d28f 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -25,7 +25,6 @@
         "@kie/act-js": "^2.6.0",
         "@kie/mock-github": "^1.0.0",
         "@onfido/react-native-sdk": "10.6.0",
-        "@react-native-async-storage/async-storage": "1.21.0",
         "@react-native-camera-roll/camera-roll": "7.4.0",
         "@react-native-clipboard/clipboard": "^1.13.2",
         "@react-native-community/geolocation": "3.2.1",
@@ -7672,16 +7671,6 @@
         }
       }
     },
-    "node_modules/@react-native-async-storage/async-storage": {
-      "version": "1.21.0",
-      "license": "MIT",
-      "dependencies": {
-        "merge-options": "^3.0.4"
-      },
-      "peerDependencies": {
-        "react-native": "^0.0.0-0 || >=0.60 <1.0"
-      }
-    },
     "node_modules/@react-native-camera-roll/camera-roll": {
       "version": "7.4.0",
       "license": "MIT",
@@ -23521,13 +23510,6 @@
         "node": ">=6"
       }
     },
-    "node_modules/is-plain-obj": {
-      "version": "2.1.0",
-      "license": "MIT",
-      "engines": {
-        "node": ">=8"
-      }
-    },
     "node_modules/is-plain-object": {
       "version": "5.0.0",
       "license": "MIT",
@@ -27695,16 +27677,6 @@
       "version": "1.0.1",
       "license": "MIT"
     },
-    "node_modules/merge-options": {
-      "version": "3.0.4",
-      "license": "MIT",
-      "dependencies": {
-        "is-plain-obj": "^2.1.0"
-      },
-      "engines": {
-        "node": ">=10"
-      }
-    },
     "node_modules/merge-refs": {
       "version": "1.2.1",
       "license": "MIT",
diff --git a/package.json b/package.json
index f736f34d9ce0..1461f0bfb77f 100644
--- a/package.json
+++ b/package.json
@@ -77,7 +77,6 @@
     "@kie/act-js": "^2.6.0",
     "@kie/mock-github": "^1.0.0",
     "@onfido/react-native-sdk": "10.6.0",
-    "@react-native-async-storage/async-storage": "1.21.0",
     "@react-native-camera-roll/camera-roll": "7.4.0",
     "@react-native-clipboard/clipboard": "^1.13.2",
     "@react-native-community/geolocation": "3.2.1",
diff --git a/tests/README.md b/tests/README.md
index 08c750f75829..890697d80719 100644
--- a/tests/README.md
+++ b/tests/README.md
@@ -4,7 +4,7 @@
 
 ## Asynchronous Testing
 
-- Much of the logic in the app is asynchronous in nature. [`react-native-onyx`](https://github.com/expensify/react-native-onyx) relies on [`AsyncStorage`](https://github.com/react-native-async-storage/async-storage) and writes data async before updating subscribers.
+- Much of the logic in the app is asynchronous in nature. [`react-native-onyx`](https://github.com/expensify/react-native-onyx) writes data async before updating subscribers.
 - [Actions](https://github.com/Expensify/App#actions) do not typically return a `Promise` and therefore can't always be "awaited" before running an assertion.
 - To test a result after some asynchronous code has run we can use [`Onyx.connect()`](https://github.com/Expensify/react-native-onyx/blob/2c94a94e51fab20330f7bd5381b72ea6c25553d9/lib/Onyx.js#L217-L231) and the helper method [`waitForBatchedUpdates()`](https://github.com/Expensify/ReactNativeChat/blob/ca2fa88a5789b82463d35eddc3d57f70a7286868/tests/utils/waitForBatchedUpdates.js#L1-L9) which returns a `Promise` and will ensure that all other `Promises` have finished running before resolving.
 - **Important Note:** When writing any asynchronous Jest test it's very important that your test itself **return a `Promise`**.