Makes 1 cup. "Peanut sauce must be the most popular Southeast Asian sauce making the rounds in U.S. restaurants. It goes with everything from grilled meats to tofu to vegetables, and this version is easy to make at home. You can also substitute coconut milk for up to half the water to make a thicker, richer sauce." - Patricia Tanumihardja You can also substitute cashew butter for peanut butter. It's DELICIOUS!!
In a blender or food processor, blitz the peanut butter, garlic, lime juice, salt, sugar, chilies and water until the mixture is smooth. Transfer the sauce to a bowl and set aside. The sauce may be made up to 2 days in advance if kept covered and chilled.
*If you don't have a blender or food processor, mix the peanut butter with hot water until a smooth paste is formed. Add the remaining ingredients (run the garlic through a press) and mix well.