For best results, place your mixing bowl and beaters (or whisk attachment) in the fridge or freezer for 10–15 minutes before whipping.
Pour the chilled heavy cream into the cold mixing bowl. Add the powdered sugar and vanilla extract.
Using a hand mixer or stand mixer, whip on medium-high speed for about 2–3 minutes. Stop once soft or stiff peaks form, depending on your desired texture. Be careful not to overwhip—it can turn into butter!
Use immediately for best texture, or store in the refrigerator for up to 24 hours. If it begins to deflate, you can gently rewhip it for a few seconds to revive the texture.