The EU delisting deadline for USDT is approaching in 3 days.
Binance and Cryptodotcom are two major exchanges that get the highest volume from the EU.
A USDT sell-off is somewhat visible on-chain.
USDT has lost its peg by 0.29%, and its market cap has decreased by 0.88% over the past 7 days.
However, FDUSD's market cap has increased by 31.5%, so there’s a good chance that people are simply swapping USDT for FDUSD on Binance.
On Cryptodotcom, a 15% drop in USDT holdings has been observed over the past 7 days.
Binance has seen around a 2% drop in USDT supply.
There is no need to fear.
Treat dips as buying opportunities if you get them.