Convert NetworkCredentials to a PSCredential?

Question:

Is it possible to convert NetworkCredentials (or a variant) to a PSCredential?

I want to transparently use the credentials of the current user, but don’t want to prompt them.

$cred = new-object PSCredential($nc.UserName, (ConvertTo-SecureString $nc.Password -AsPlainText -Force))

1 2	$cred = new-object PSCredential($nc.UserName, (ConvertTo-SecureString $nc.Password -AsPlainText -Force))