4 cups jet-puffed mini-marshmallows
25 Kraft Caramels
1/2 cup sweetened condensed milk
Place marshmallows, caramels and sweetened condensed milk in large, microwave-safe bowl. Microwave on High power for 3 minutes, stirring every minute until caramels are melted and mixture is smooth. Cool mixture slightly.
Serve warm as a dip with fruit, pretzels or cookies.