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Press saute mode on instant pot, once the pot heats up add olive oil. Break the dried red chili into two and add to the oil.
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Add onion and saute for a minute. Add cashews and saute till they start changing color.
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Add grated ginger and garlic and saute for a minute till you get nice aroma.
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Meanwhile in a bowl whisk together peanut butter, coconut milk, water and thai red curry paste. You might need to heat this mixture a little so that the peanut butter mixes completely.
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Add this mixture to the pot once ginger-garlic are fragrant. Give it a good stir.
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Then add soy sauce, rice vinegar, sriracha, coconut sugar, turmeric powder and salt. Stir to combine.
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Now add cubed tofu pieces to the pot and mix. I used extra-firm tofu and pressed it with a hard object for 20 minutes prior to using it in the recipe.
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Cover the lid, cancel the saute mode. Press the manual button, adjust pressure to high and and cook on manual high pressure for 2 minutes.
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Quick release as soon as 2 minutes are up.
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Cancel “keep warm” mode and press the saute mode again.
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Add pineapple pieces and let it simmer for 1-2 minutes. You can adjust consistency of the curry at this point. Add water if it’s too thick for your liking.
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Squeeze in some fresh lime juice.
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Garnish with cilantro and serve the thai peanut tofu pineapple curry with rice!