1 14 oz. box rice or corn Chex
1 12 oz. bag semi sweet chocolate chips
1 c. peanut butter
1/2 c. (1 stick) butter
1 tsp. vanilla
3 1/2 c. powdered sugar
Pour Chex into a large bowl and set aside. In a microwave safe bowl, microwave chocolate chips, peanut butter and butter 1 minute at a time until melted and smooth, stirring in between minutes. Stir in vanilla. Pour chocolate mixture over the Chex and stir until well coated. Pour into a clean plastic bag, add powdered sugar, close the bag tightly and shake until all the Chex are coated in powdered sugar. Spread out on waxed or parchment paper to cool about 20-30 minutes.
Notes: This is my own version of this recipe. I make it several times during the holiday season and it gets eaten up super fast. This stuff is delicious!