Private credit is a $6T market still stuck in spreadsheets.On-chain rails could unlock it, says @MorganKrupetsky.CoinDesk Indices (@CoinDeskMarkets):“On-chain infrastructure can ultimately help to democratize access to a market that has historically been closed off to all but the largest institutions” says @MorganKrupetsky of @AvaLabshttps://t.co/b3eYx5jzaM ...

RT CoinDesk Indices (@CoinDeskMarkets)“On-chain infrastructure can ultimately help to democratize access to a market that has historically been closed off to all but the largest institutions” says @MorganKrupetsky of @AvaLabshttps://t.co/b3eYx5jzaM ...

Photo Illustration by Chesnot/Getty ImagesGetty ImagesWe discussed Circle Internet Group Inc. (NYSE: CRCL) stock's potential to reach $300 less than two weeks ago. At that time, the stock had surged from $120 levels to around $240 currently. Is it possible for it to rise to $500 levels from this point?Absolutely — we will elaborate on the upside case below, particularly as we gain more clarity concerning Circle's non-stablecoin revenue potential. However, given the rapid increase, it’s also crucial to warn ...