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In bowl, whisk together espresso and boiling water until dissolved. Add Eggnog Candy Melts candy and let sit to melt.
In large bowl, microwave milk until steaming, about 3 minutes. Whisk vigorously to froth. Whisk espresso and eggnog candy until smooth.
Divide espresso evenly into 4 mugs. Pour milk over.
If desired, garnish with whipped cream and additional grated eggnog candy or ground cinnamon. Serve immediately in clear mug.