In a large mixing bowl, add the softened cream cheese, Biscoff spread, 1/2 cup powdered sugar, and vanilla bean paste (or vanilla extract).
Using a hand held electric mixer set to medium high speed, mix the ingredients together into a smooth consistency, about 3 to 5 minutes or longer as needed. Set the Biscoff cheesecake aside.
In a separate medium mixing bowl, add the cold heavy whipping cream and the remaining 1/4 cup powdered sugar.
Using a hand held electric mixer set to high speed, whisk the cream mixture until soft peaks forms, about 2 to 3 minutes or longer as needed.
Gently fold in half of the whipped cream into the cheesecake mixture just until it is fully incorporated. Repeat process with the remaining half of the whipped cream.
Retrieve the crust from the freezer. Spoon half of the cheesecake filling over the crust and use a regular or offset spatula to smooth out into an even layer.
Pour the melted Biscoff spread into the center of the cheesecake filling leaving a 1/4 inch gap from the edge of the pan. Transfer the pan onto the freezer to allow the Biscoff spread to set, about 5 to 10 minutes.
Retrieve the pan from the freezer. Add the remaining cheesecake mixture over the set Biscoff filling and gently smooth into an even layer.
If preferred, the Biscoff center filling can be omitted. Simply add all of the cheesecake mixture over the set crust and proceed to the next steps.
Directly cover the top of the cheesecake with plastic wrap. Transfer the cheesecake to the fridge to set for at least 6 to 8 hours but overnight is best.