diff --git a/.yarn/patches/@rollup__plugin-commonjs.patch b/.yarn/patches/@rollup__plugin-commonjs.patch
deleted file mode 100644
index a943b9b8eddb..000000000000
--- a/.yarn/patches/@rollup__plugin-commonjs.patch
+++ /dev/null
@@ -1,28 +0,0 @@
-See packages/babel-standalone/src/dynamic-require-entrypoint.cjs for the reason for this diff.
-
-diff --git a/dist/index.es.js b/dist/index.es.js
-index 81cb408c8482fc7591a3381eb00b46abc9d21b14..1816113246e075ba7ae99638b64f004fd985ec74 100644
---- a/dist/index.es.js
-+++ b/dist/index.es.js
-@@ -1641,7 +1641,7 @@ function commonjs(options = {}) {
-   const sourceMap = options.sourceMap !== false;
-
-   function transformAndCheckExports(code, id) {
--    if (isDynamicRequireModulesEnabled && this.getModuleInfo(id).isEntry) {
-+    if (isDynamicRequireModulesEnabled && (this.getModuleInfo(id).isEntry || id.endsWith("/dynamic-require-entrypoint.cjs"))) {
-       // eslint-disable-next-line no-param-reassign
-       code =
-         getDynamicPackagesEntryIntro(dynamicRequireModuleDirPaths, dynamicRequireModuleSet) + code;
-diff --git a/dist/index.js b/dist/index.js
-index 8ef2184001cb697c6fc2466e9b5fe084c7f1d08c..056ded21d0bb35b8a7c36d1ec50a6ddb5508d386 100644
---- a/dist/index.js
-+++ b/dist/index.js
-@@ -1650,7 +1650,7 @@ function commonjs(options = {}) {
-   const sourceMap = options.sourceMap !== false;
-
-   function transformAndCheckExports(code, id) {
--    if (isDynamicRequireModulesEnabled && this.getModuleInfo(id).isEntry) {
-+    if (isDynamicRequireModulesEnabled && (this.getModuleInfo(id).isEntry || id.endsWith("/dynamic-require-entrypoint.cjs"))) {
-       // eslint-disable-next-line no-param-reassign
-       code =
-         getDynamicPackagesEntryIntro(dynamicRequireModuleDirPaths, dynamicRequireModuleSet) + code;
diff --git a/Gulpfile.mjs b/Gulpfile.mjs
index 1a82cd93a1d6..51681902950c 100644
--- a/Gulpfile.mjs
+++ b/Gulpfile.mjs
@@ -12,12 +12,11 @@ import { rollup } from "rollup";
 import { babel as rollupBabel } from "@rollup/plugin-babel";
 import rollupCommonJs from "@rollup/plugin-commonjs";
 import rollupJson from "@rollup/plugin-json";
-import rollupNodePolyfills from "rollup-plugin-node-polyfills";
+import rollupPolyfillNode from "rollup-plugin-polyfill-node";
 import rollupNodeResolve from "@rollup/plugin-node-resolve";
 import rollupReplace from "@rollup/plugin-replace";
 import { terser as rollupTerser } from "rollup-plugin-terser";
-import _rollupDts from "rollup-plugin-dts";
-const { default: rollupDts } = _rollupDts;
+import rollupDts from "rollup-plugin-dts";
 import { Worker as JestWorker } from "jest-worker";
 import glob from "glob";
 import { resolve as importMetaResolve } from "import-meta-resolve";
@@ -297,8 +296,6 @@ function buildRollup(packages, targetBrowsers) {
           input,
           external,
           onwarn(warning, warn) {
-            const osifyPath = str => str.split("/").join(path.sep);
-
             if (warning.code === "CIRCULAR_DEPENDENCY") return;
             if (warning.code === "UNUSED_EXTERNAL_IMPORT") {
               warn(warning);
@@ -310,15 +307,14 @@ function buildRollup(packages, targetBrowsers) {
             // We can safely ignore this warning, and let Rollup replace it with undefined.
             if (
               warning.code === "MISSING_EXPORT" &&
-              warning.exporter ===
-                osifyPath("packages/babel-core/src/index.ts") &&
+              warning.exporter === "packages/babel-core/src/index.ts" &&
               warning.missing === "default" &&
               [
                 "@babel/helper-define-polyfill-provider",
                 "babel-plugin-polyfill-corejs2",
                 "babel-plugin-polyfill-corejs3",
                 "babel-plugin-polyfill-regenerator",
-              ].some(pkg => warning.importer.includes(osifyPath(pkg)))
+              ].some(pkg => warning.importer.includes(pkg))
             ) {
               return;
             }
@@ -348,8 +344,6 @@ function buildRollup(packages, targetBrowsers) {
                 // Rollup doesn't read export maps, so it loads the cjs fallback
                 "packages/babel-compat-data/*.js",
                 "packages/*/src/**/*.cjs",
-                // See the comment in this file for the reason to include it
-                "packages/babel-standalone/src/dynamic-require-entrypoint.cjs",
               ],
               dynamicRequireTargets: [
                 // https://github.com/mathiasbynens/regexpu-core/blob/ffd8fff2e31f4597f6fdfee75d5ac1c5c8111ec3/rewrite-pattern.js#L48
@@ -361,7 +355,7 @@ function buildRollup(packages, targetBrowsers) {
                 ) + "/**/*.js",
               ],
               // Never delegate to the native require()
-              ignoreDynamicRequires: true,
+              ignoreDynamicRequires: false,
               // Align with the Node.js behavior
               defaultIsModuleExports: true,
             }),
@@ -382,7 +376,7 @@ function buildRollup(packages, targetBrowsers) {
             }),
             rollupJson(),
             targetBrowsers &&
-              rollupNodePolyfills({
+              rollupPolyfillNode({
                 sourceMap: sourcemap,
                 include: "**/*.{js,cjs,ts}",
               }),
diff --git a/package.json b/package.json
index ba1b575c8f15..3f868453aeb4 100644
--- a/package.json
+++ b/package.json
@@ -34,11 +34,11 @@
     "@babel/preset-flow": "^7.16.7",
     "@babel/preset-typescript": "^7.16.7",
     "@babel/runtime": "^7.17.0",
-    "@rollup/plugin-babel": "^5.3.0",
-    "@rollup/plugin-commonjs": "patch:@rollup/plugin-commonjs@^18.1.0#./.yarn/patches/@rollup__plugin-commonjs.patch",
+    "@rollup/plugin-babel": "^5.3.1",
+    "@rollup/plugin-commonjs": "22.0.0",
     "@rollup/plugin-json": "^4.1.0",
-    "@rollup/plugin-node-resolve": "^13.0.0",
-    "@rollup/plugin-replace": "^2.4.2",
+    "@rollup/plugin-node-resolve": "^13.2.1",
+    "@rollup/plugin-replace": "^4.0.0",
     "@types/node": "^16.7.13",
     "@typescript-eslint/eslint-plugin": "^5.5.0",
     "@typescript-eslint/parser": "^5.5.0",
@@ -67,9 +67,9 @@
     "lint-staged": "^9.2.0",
     "mergeiterator": "^1.4.4",
     "prettier": "2.5.0",
-    "rollup": "~2.54.0",
-    "rollup-plugin-dts": "^2.0.0",
-    "rollup-plugin-node-polyfills": "^0.2.1",
+    "rollup": "^2.70.2",
+    "rollup-plugin-dts": "^4.2.1",
+    "rollup-plugin-polyfill-node": "^0.9.0",
     "rollup-plugin-terser": "^7.0.2",
     "semver": "^6.3.0",
     "test262-stream": "^1.4.0",
diff --git a/packages/babel-standalone/src/dynamic-require-entrypoint.cjs b/packages/babel-standalone/src/dynamic-require-entrypoint.cjs
deleted file mode 100644
index ca1282f470ab..000000000000
--- a/packages/babel-standalone/src/dynamic-require-entrypoint.cjs
+++ /dev/null
@@ -1,13 +0,0 @@
-/*
-We bundle @babel/standalone using the dynamicRequireTargets option.
-This option needs to inject require() calls to all the modules that
-could be dynamically required later.
-
-By default it injects them in the entrypoint, but when rollup loads the
-entrypoint it finds syntax that it doesn't support (because
-@rollup/plugin-commonjs must run before @rollup/plugin-babel).
-
-We use "yarn patch" to modify the @rollup/plugin-commonjs package, so
-that it injects those "preload" require() calls in this file rather
-than in the entrypoint.
-*/
diff --git a/packages/babel-standalone/src/index.ts b/packages/babel-standalone/src/index.ts
index 81e6feb4dac6..11074f3422ef 100644
--- a/packages/babel-standalone/src/index.ts
+++ b/packages/babel-standalone/src/index.ts
@@ -11,9 +11,6 @@
 /* eslint-disable max-len */
 /// <reference lib="dom" />
 
-// $FlowIgnore
-import "./dynamic-require-entrypoint.cjs";
-
 import {
   transformFromAst as babelTransformFromAst,
   transform as babelTransform,
diff --git a/test/runtime-integration/rollup/package.json b/test/runtime-integration/rollup/package.json
index 26302243191f..58d0b44c75ab 100644
--- a/test/runtime-integration/rollup/package.json
+++ b/test/runtime-integration/rollup/package.json
@@ -3,8 +3,8 @@
   "private": true,
   "devDependencies": {
     "@babel/runtime": "workspace:^",
-    "@rollup/plugin-commonjs": "^18.1.0",
-    "@rollup/plugin-node-resolve": "^13.0.0",
-    "rollup": "~2.54.0"
+    "@rollup/plugin-commonjs": "22.0.0",
+    "@rollup/plugin-node-resolve": "^13.2.1",
+    "rollup": "^2.70.2"
   }
 }
diff --git a/yarn.lock b/yarn.lock
index a895899e2ddf..6d02dcb8e5c9 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -103,9 +103,9 @@ __metadata:
   resolution: "@babel-internal/runtime-integration-rollup@workspace:test/runtime-integration/rollup"
   dependencies:
     "@babel/runtime": "workspace:^"
-    "@rollup/plugin-commonjs": ^18.1.0
-    "@rollup/plugin-node-resolve": ^13.0.0
-    rollup: ~2.54.0
+    "@rollup/plugin-commonjs": 22.0.0
+    "@rollup/plugin-node-resolve": ^13.2.1
+    rollup: ^2.70.2
   languageName: unknown
   linkType: soft
 
@@ -4144,9 +4144,9 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@rollup/plugin-babel@npm:^5.3.0":
-  version: 5.3.0
-  resolution: "@rollup/plugin-babel@npm:5.3.0"
+"@rollup/plugin-babel@npm:^5.3.1":
+  version: 5.3.1
+  resolution: "@rollup/plugin-babel@npm:5.3.1"
   dependencies:
     "@babel/helper-module-imports": ^7.10.4
     "@rollup/pluginutils": ^3.1.0
@@ -4157,13 +4157,13 @@ __metadata:
   peerDependenciesMeta:
     "@types/babel__core":
       optional: true
-  checksum: 6cfd741790f125968cbd0fc91b6f54e235033e31853a12190f725ccf95a6eb2f1387b6368be80dedfa94536d2e84739e7af45c8b2fe7a450e91c2aeb6170867d
+  checksum: 220d71e4647330f252ef33d5f29700aef2e8284a0b61acfcceb47617a7f96208aa1ed16eae75619424bf08811ede5241e271a6d031f07026dee6b3a2bdcdc638
   languageName: node
   linkType: hard
 
-"@rollup/plugin-commonjs@^18.1.0":
-  version: 18.1.0
-  resolution: "@rollup/plugin-commonjs@npm:18.1.0"
+"@rollup/plugin-commonjs@npm:22.0.0":
+  version: 22.0.0
+  resolution: "@rollup/plugin-commonjs@npm:22.0.0"
   dependencies:
     "@rollup/pluginutils": ^3.1.0
     commondir: ^1.0.1
@@ -4173,25 +4173,21 @@ __metadata:
     magic-string: ^0.25.7
     resolve: ^1.17.0
   peerDependencies:
-    rollup: ^2.30.0
-  checksum: 7bb553119b0dcc1860e1c0b74ccc81b9519f5163c15660649191622e5911c6d3a1b1ecd743c510dcc28b8c88cd6c3df4776131a384719b9502328ff5f30cb8d6
+    rollup: ^2.68.0
+  checksum: fdcce2bf58875fde0e06f001544c0d9a0509a12929393862f72dcef8fcbf4d5d0ba0d5db6cf10ba4351335caf67a3dbdb95000678c468585e3972994f92e2ce9
   languageName: node
   linkType: hard
 
-"@rollup/plugin-commonjs@patch:@rollup/plugin-commonjs@^18.1.0#./.yarn/patches/@rollup__plugin-commonjs.patch::locator=babel%40workspace%3A.":
-  version: 18.1.0
-  resolution: "@rollup/plugin-commonjs@patch:@rollup/plugin-commonjs@npm%3A18.1.0#./.yarn/patches/@rollup__plugin-commonjs.patch::version=18.1.0&hash=ba9cd9&locator=babel%40workspace%3A."
+"@rollup/plugin-inject@npm:^4.0.0":
+  version: 4.0.3
+  resolution: "@rollup/plugin-inject@npm:4.0.3"
   dependencies:
     "@rollup/pluginutils": ^3.1.0
-    commondir: ^1.0.1
     estree-walker: ^2.0.1
-    glob: ^7.1.6
-    is-reference: ^1.2.1
     magic-string: ^0.25.7
-    resolve: ^1.17.0
   peerDependencies:
-    rollup: ^2.30.0
-  checksum: 3774801bead1a49436f6fa8d3448cb0ca3553e89cec12d5e5f3d95f1c93bf410432a692197ef3901c82c83ee094ddf011b2de76354a73b5d6b69c6261a2421ae
+    rollup: ^1.20.0 || ^2.0.0
+  checksum: d92deb7144ce84651da2ce45f137d66ede144804aa29676fd0f4313c3b5dea89087813a5c8e60bd9776779fc8a6bc751c42ae0e5bba4dac653fd654936b21b45
   languageName: node
   linkType: hard
 
@@ -4206,9 +4202,9 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@rollup/plugin-node-resolve@npm:^13.0.0":
-  version: 13.0.0
-  resolution: "@rollup/plugin-node-resolve@npm:13.0.0"
+"@rollup/plugin-node-resolve@npm:^13.2.1":
+  version: 13.2.1
+  resolution: "@rollup/plugin-node-resolve@npm:13.2.1"
   dependencies:
     "@rollup/pluginutils": ^3.1.0
     "@types/resolve": 1.17.1
@@ -4218,19 +4214,19 @@ __metadata:
     resolve: ^1.19.0
   peerDependencies:
     rollup: ^2.42.0
-  checksum: c0237e65f50d593efc176e07a2ddf734918bc7344f739fe2254a3bfaa4be37c6d4787d045ab79d741811d3658f7e8bbb1484e6aa25bbb9fe2a3c33472b3f371d
+  checksum: d0ba3b6f35440b5ebc203a4f62a6c0d2c565491aed9746448288b71d0cd603d1d12fdd9d1381c1be0a4b192f167412e53c34b89fd25413db4ba7d1fa910a29a2
   languageName: node
   linkType: hard
 
-"@rollup/plugin-replace@npm:^2.4.2":
-  version: 2.4.2
-  resolution: "@rollup/plugin-replace@npm:2.4.2"
+"@rollup/plugin-replace@npm:^4.0.0":
+  version: 4.0.0
+  resolution: "@rollup/plugin-replace@npm:4.0.0"
   dependencies:
     "@rollup/pluginutils": ^3.1.0
     magic-string: ^0.25.7
   peerDependencies:
     rollup: ^1.20.0 || ^2.0.0
-  checksum: b2f1618ee5526d288e2f8ae328dcb326e20e8dc8bd1f60d3e14d6708a5832e4aa44811f7d493f4aed2deeadca86e3b6b0503cd39bf50cfb4b595bb9da027fad0
+  checksum: b61701e612661a46da06ca88f390c3839b586708abc0329a476411b90aa8ac59fe94437ede4c3fe53fea268b3054ea9d7d4ee851d7bd0cb7a5f06906002067cb
   languageName: node
   linkType: hard
 
@@ -5919,11 +5915,11 @@ __metadata:
     "@babel/preset-flow": ^7.16.7
     "@babel/preset-typescript": ^7.16.7
     "@babel/runtime": ^7.17.0
-    "@rollup/plugin-babel": ^5.3.0
-    "@rollup/plugin-commonjs": "patch:@rollup/plugin-commonjs@^18.1.0#./.yarn/patches/@rollup__plugin-commonjs.patch"
+    "@rollup/plugin-babel": ^5.3.1
+    "@rollup/plugin-commonjs": 22.0.0
     "@rollup/plugin-json": ^4.1.0
-    "@rollup/plugin-node-resolve": ^13.0.0
-    "@rollup/plugin-replace": ^2.4.2
+    "@rollup/plugin-node-resolve": ^13.2.1
+    "@rollup/plugin-replace": ^4.0.0
     "@types/node": ^16.7.13
     "@typescript-eslint/eslint-plugin": ^5.5.0
     "@typescript-eslint/parser": ^5.5.0
@@ -5952,9 +5948,9 @@ __metadata:
     lint-staged: ^9.2.0
     mergeiterator: ^1.4.4
     prettier: 2.5.0
-    rollup: ~2.54.0
-    rollup-plugin-dts: ^2.0.0
-    rollup-plugin-node-polyfills: ^0.2.1
+    rollup: ^2.70.2
+    rollup-plugin-dts: ^4.2.1
+    rollup-plugin-polyfill-node: ^0.9.0
     rollup-plugin-terser: ^7.0.2
     semver: ^6.3.0
     test262-stream: ^1.4.0
@@ -8264,13 +8260,6 @@ __metadata:
   languageName: node
   linkType: hard
 
-"estree-walker@npm:^0.6.1":
-  version: 0.6.1
-  resolution: "estree-walker@npm:0.6.1"
-  checksum: 9d6f82a4921f11eec18f8089fb3cce6e53bcf45a8e545c42a2674d02d055fb30f25f90495f8be60803df6c39680c80dcee7f944526867eb7aa1fc9254883b23d
-  languageName: node
-  linkType: hard
-
 "estree-walker@npm:^1.0.1":
   version: 1.0.1
   resolution: "estree-walker@npm:1.0.1"
@@ -11584,7 +11573,7 @@ fsevents@^1.2.7:
   languageName: node
   linkType: hard
 
-"magic-string@npm:^0.25.3, magic-string@npm:^0.25.7":
+"magic-string@npm:^0.25.7":
   version: 0.25.7
   resolution: "magic-string@npm:0.25.7"
   dependencies:
@@ -11593,6 +11582,15 @@ fsevents@^1.2.7:
   languageName: node
   linkType: hard
 
+"magic-string@npm:^0.26.1":
+  version: 0.26.1
+  resolution: "magic-string@npm:0.26.1"
+  dependencies:
+    sourcemap-codec: ^1.4.8
+  checksum: 23f21f5734346ddfbabd7b9834e3ecda3521e3e1db81166c1513b45b729489bbed1eafa8cd052c7db7fdc7c68ebc5c03bc00dd5a23697edda15dbecaf8c98397
+  languageName: node
+  linkType: hard
+
 "make-dir-BABEL_8_BREAKING-false@npm:make-dir@^2.1.0, make-dir@npm:^2.0.0, make-dir@npm:^2.1.0":
   version: 2.1.0
   resolution: "make-dir@npm:2.1.0"
@@ -13663,39 +13661,30 @@ fsevents@^1.2.7:
   languageName: node
   linkType: hard
 
-"rollup-plugin-dts@npm:^2.0.0":
-  version: 2.0.0
-  resolution: "rollup-plugin-dts@npm:2.0.0"
+"rollup-plugin-dts@npm:^4.2.1":
+  version: 4.2.1
+  resolution: "rollup-plugin-dts@npm:4.2.1"
   dependencies:
-    "@babel/code-frame": ^7.10.4
-    magic-string: ^0.25.7
+    "@babel/code-frame": ^7.16.7
+    magic-string: ^0.26.1
   peerDependencies:
-    rollup: ^2.33.3
-    typescript: ^4.1.2
+    rollup: ^2.70
+    typescript: ^4.6
   dependenciesMeta:
     "@babel/code-frame":
       optional: true
-  checksum: 3ae93614df513c7875002a454104d47f241577a37c95a919bd482d0cfd283f44b8fe4c07222ad69c6f06aa58d19895e77cdcb51eff9eb63c4a2b249af710f3ec
-  languageName: node
-  linkType: hard
-
-"rollup-plugin-inject@npm:^3.0.0":
-  version: 3.0.2
-  resolution: "rollup-plugin-inject@npm:3.0.2"
-  dependencies:
-    estree-walker: ^0.6.1
-    magic-string: ^0.25.3
-    rollup-pluginutils: ^2.8.1
-  checksum: a014972c80fe34b8c8154056fa2533a8440066a31de831e3793fc21b15d108d92c22d8f7f472397bd5783d7c5e04d8cbf112fb72c5a26e997726e4eb090edad1
+  checksum: 70a593db76007159a7bbc06c26824c3275ab1d8d4d6b6e8bc06d1345f337d9d118aa8d4ec175155bc072a66b78da4242a915c3516a3270006b9758004eadeb43
   languageName: node
   linkType: hard
 
-"rollup-plugin-node-polyfills@npm:^0.2.1":
-  version: 0.2.1
-  resolution: "rollup-plugin-node-polyfills@npm:0.2.1"
+"rollup-plugin-polyfill-node@npm:^0.9.0":
+  version: 0.9.0
+  resolution: "rollup-plugin-polyfill-node@npm:0.9.0"
   dependencies:
-    rollup-plugin-inject: ^3.0.0
-  checksum: e84645212c443aca3cfae2ba69f01c6d8c5c250f0bf651416b69a4572b60aae9da7cdd687de3ab9b903f7a1ab96b06b71f0c4927d1b02a37485360d2b563937b
+    "@rollup/plugin-inject": ^4.0.0
+  peerDependencies:
+    rollup: ^1.20.0 || ^2.0.0
+  checksum: a7531a850cf5c8a8d8705aacdad449c14f25368d98cf1f06f22b5f300fde45ac9b1eda533d61e7377366b3ce4ade2075b2deb7c55b9f823d9e609d1d6c23d925
   languageName: node
   linkType: hard
 
@@ -13713,18 +13702,9 @@ fsevents@^1.2.7:
   languageName: node
   linkType: hard
 
-"rollup-pluginutils@npm:^2.8.1":
-  version: 2.8.2
-  resolution: "rollup-pluginutils@npm:2.8.2"
-  dependencies:
-    estree-walker: ^0.6.1
-  checksum: 339fdf866d8f4ff6e408fa274c0525412f7edb01dc46b5ccda51f575b7e0d20ad72965773376fb5db95a77a7fcfcab97bf841ec08dbadf5d6b08af02b7a2cf5e
-  languageName: node
-  linkType: hard
-
-"rollup@npm:~2.54.0":
-  version: 2.54.0
-  resolution: "rollup@npm:2.54.0"
+"rollup@npm:^2.70.2":
+  version: 2.70.2
+  resolution: "rollup@npm:2.70.2"
   dependencies:
     fsevents: ~2.3.2
   dependenciesMeta:
@@ -13732,7 +13712,7 @@ fsevents@^1.2.7:
       optional: true
   bin:
     rollup: dist/bin/rollup
-  checksum: 9bba98e18c3d4a301af15c1d06786f58bd48bcf31ec974e01a61e7f07fa97922b5762dfe8d02e17456ab60fe6ddb6533677811c370bd4051ddeab7aa7e025200
+  checksum: eb04eb9b87b30517308cb41018d57a23976f42b269c3229e4124746d3136a77aa16ba8b891a3fa571931dd72419eea40642a334835fe4f33161fea30d0b803f7
   languageName: node
   linkType: hard
 
@@ -14188,7 +14168,7 @@ fsevents@^1.2.7:
   languageName: node
   linkType: hard
 
-"sourcemap-codec@npm:^1.4.4":
+"sourcemap-codec@npm:^1.4.4, sourcemap-codec@npm:^1.4.8":
   version: 1.4.8
   resolution: "sourcemap-codec@npm:1.4.8"
   checksum: b57981c05611afef31605732b598ccf65124a9fcb03b833532659ac4d29ac0f7bfacbc0d6c5a28a03e84c7510e7e556d758d0bb57786e214660016fb94279316