In a large mixing bowl, combine instant vanilla pudding mix, powdered sugar, milk, and vanilla extract.

Use an electric mixer on medium-high speed to beat the mixture for 2 minutes until smooth and creamy.

Add thawed Cool Whip to the pudding mixture.

Beat on medium speed until the Cool Whip is fully incorporated, creating a light and fluffy frosting.

Your Cool Whip and Pudding Frosting is ready! Spread generously over cakes, cupcakes, or brownies. It also makes a delicious fruit dip.