Put the white chocolate and ¼ cup heavy cream in a medium microwave-safe bowl. Microwave in 30-second intervals, stirring, until the chocolate is melted; whisk until smooth and creamy.
Beat the remaining 1 ¾ cups heavy cream in a large bowl with a whisk or mixer on medium-high speed until soft peaks form. Add the confectioners' sugar and vanilla; beat until hard peaks form, about 2 more minutes.
Whisk about 1 cup of the whipped cream into the chocolate mixture, then fold in the rest until combined.
Divide the mousse between serving cups and top with desired toppings.