In a medium bowl, whisk together peanut butter, coconut milk, soy sauce, honey, lime juice, and red curry paste until smooth.
Heat vegetable oil in a large wok or skillet over medium-high heat.
Add chicken cubes and stir-fry until browned and cooked through, approximately 5 to 7 minutes.
Incorporate minced garlic, grated ginger, and sliced red bell pepper; sauté for 2 minutes until vegetables soften slightly.
Pour the prepared peanut sauce over the mixture and reduce heat to low.
Simmer for 3 to 5 minutes, stirring occasionally, until the sauce thickens and coats the chicken.
Garnish with crushed peanuts and fresh cilantro before serving.