@big_greg
The OP asked about the ability of a CD player to render SACD information. It won’t
What the OP asked was actually
Would the SACD layer play in stereo if I only have a stereo system
He did not mention whether he had SACD or CD players or transports. The correct answer is that almost certainly the hybrid SACD would include a 2-channel DSD version along with a 5.x channel DSD version. Either will play in 2-channel from an SACD player or transport, depending on the mix-down capability of the receiver.
The hybrid SACD also includes a completely separate layer containing a Redbook CD version, which will play back in 2-channels on any CD player or transport.
I note that the word stereo means solid and does not necessarily mean two channel. To quote Oxford Languages dictionary, stereo is "sound that is directed through two or more speakers so that it seems to surround the listener and to come from more than one source".
You repeat without any qualification that the Redbook layer is
very likely to sound better on a decent CD player or transport and DAC than the SACD layer will on a universal player that supports SACD
In my experience that is completely untrue. My evidence is that I could tell that my Reavon universal player had obvious problems with its TI Burr Brown DACs - it was down converting DSD to CD quality and it was so obvious I wrote to Reavon seeking clarification. My previous Marantz universal player sounded wonderful on SACD.
The Reavon also has a better quality 32-bit DAC for 2-channel playback, which was sonically equivalent to a very good Sony CD player. But the Reavon also down converted 2-channel DSD to CD quality when using this DAC!