9 cups Chex cereal (corn or rice are my preference)
1 cup semisweet chocolate chips
1/2 cup peanut butter
1/4 cup butter
1 teaspoon vanilla
1 1/2 c. powdered sugar
Into a large bowl, measure cereal. Set aside.
In microwavable bowl, microwave chocolate chips, peanut butter, and butter until melted. I microwave it for 30 seconds, stir, 30 more seconds, stir, repeat until it's melted.
Add vanilla.
Pour mixture over cereal,, stirring until evenly coated.
Stir powdered sugar in.
Spread on to waxed paper to cool. Sore in airtight container.
*can substitute Nutella for peanut butter
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