This classic chocolate, peanut butter dessert is easy and no-bake! Rice cereal squares covered in chocolate, peanut butter and powdered sugar? Yes, please!
Measure the cereal into a large bowl and set it aside. In a microwave safe bowl, measure the chocolate chips, peanut butter and butter. Microwave for 1 minute then stir. Microwave for 30 more seconds or until mixture can be stirred smooth (stirring every 30 seconds). This can also be done on the stove top over low heat.
Add the vanilla to the chocolate peanut butter mixture and stir. Pour the mixture over the cereal until evenly coated. Put the mixture into 2 large zip top bags. Add a cup of powdered sugar to each bag. Add more sugar if needed to cover.
I like to store this in the freezer, but room temperature is also fine.