About the EU delisting USDT
The current approximate time is around December 30th,
To discuss the impact:
First, USDT is currently the most widely used and largest stablecoin, and its delisting may have some effect on liquidity in the European market, especially for users who rely on USDT for trading. In the short term, the price of U may experience a certain degree of decline. If there is a chance for it to drop to around 7, one could consider buying a portion of U for arbitrage.
Second, as the most stablecoin, USDT’s value is constant, which may have some negative impact on the overall market, but it won’t be significant, as it is only being delisted in the EU region and just from Coinbeas. Unless USDT loses its peg, which could directly lead to a bear market phase, but that is unlikely in the short term.
Third, the topics of market legality and compliance are being brought back to the forefront, and some sectors related to regulation may see a boost.