Set the blue food coloring and cherry filling aside. Combine all remaining ingredients in a large bowl with an electric mixer on medium speed until smooth.
Take half of the cheesecake mixture and place it in a separate bowl along with 4-5 drops of blue food coloring. Stir until uniform in color.
Spoon 4-6 cherries into the bottom of each popsicle mold.
Evenly dispense all of the white cheesecake filling into each Popsicle mold. Using a pastry bag makes this a bit easier. You can use a napkin to clean up any unwanted filling from the sides but a swirl look is also pretty!
Repeat the same step with the blue cheesecake filling.
Fill any remaining space with additional cherry filling.
Freeze for at least 3 hours, or until you're ready to enjoy them!
Using room temperature cream cheese ensures that the consistency is nice and smooth when mixed and prevents lumps!