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Step 1
Remove the packaging from a can of condensed milk and place into the instant pot inner pot.
Step 2
Pour warm water over the can of caramel until it is submerged.
Step 3
Place the lid on the instant pot, set the valve to sealing and cook for 40 minutes on manual pressure cook.
Step 4
Use quick pressure release and pour cold water over the can to cool it down quicker.
Step 5
Once the can of condensed milk is cool enough to handle remove the lid, stir and eat.