Minced the peppers and garlic. Set it aside. In a small bowl, combine peanut butter, water, sweet and chili sauce, lime juice, and fish sauce. Stir well. Add in the peppers, garlic, crushed peanuts, and cilantro. Stir well and enjoy!
If you have left overs, store it in a tight container in the fridge. It doesn't need to be heat up before dipping again.