Add chops to pan; cook for 3 minutes on each side or until done.
Remove chops from pan, and keep warm.
Add shallots, thyme, and peaches to pan; cook for 2 minutes. Stir in wine, scraping pan to loosen browned bits; bring to a boil. Cook until reduced to 1/3 cup (about 2 minutes). Stir in broth and honey; bring to a boil. Cook until reduced to 1/3 cup (about 2 minutes).
Remove from heat; stir in butter. Spoon sauce over chops.