Thaw the frozen white bread loaf.

Let the dough rise in a warm place until doubled in size.

Divide the dough into 32 equal pieces.

Cut the Cheddar cheese into 32 (1/2-inch) cubes.

Shape each piece of dough into a ball, enclosing a cube of cheese inside.

Pinch the dough to seal the cheese inside each ball.

Melt the butter or margarine.

Dip each ball in the melted butter or margarine.

Layer the balls, seam side down, in a greased 8 x 4-inch loaf pan or round pan.

Cover the pan and let the dough rise until doubled.

Bake in a preheated 375°F (190°C) oven for 30 to 35 minutes, or until the top is firm and golden brown.

Remove the loaf from the pan.

Serve warm.