This recipe is Muddy Buddies 2.0! Adding in peanuts and Reese's Peanut Butter Cup Miniature takes it to the next level in snacking!
Place 1.5 Cups of Powered Sugar in each of 2 Gallon Ziplock Bags. Fold Edges over and out so that they will not get powdered sugar or Chex Mix on them which would prevent closing properly.
Place Chocolate Chips, Peanut Butter, and Butter in a large glass bowl.
Microwave for 30 second at a time, stirring in between each heating. Do not overheat. Mixture will be very creamy and smooth.
Mix in Vanilla Extract until incorporated. Then, fold in Chex Cereal until completely covered.
Pour 1/2 of chocolate coated cereal into each of the two Ziploc bags. Seal bags and "fluff around" until completely covered with powdered sugar.
Pour into a large bowl and fold in peanuts and Reese's Miniature Peanut Butter Cups.