RE: Did the USA just make algorithmic stable coins illegal?

No, he didnt.

I never looked into stablecoins, although, i have some staked, so just try to find out generally the risks about the crypto backed, algorithmic ones, and how these can effect negatively the chain where they are. HBD-Hive, too.

Now this law thing is another interesting topic, maybe not right now, but definetly within 1-2 years.

When the 'news' sites write, it is banned, probably doesnt mean they are really banned.

I can't find any info about what applies for businesses and private individuals in case they still want to use it, so I just suppose, it won't really applies for them.

Probably shouldnt even start, because I am just more confused than i was before.