About the EU delisting USDT
The current approximate time is around December 30th,
Regarding the impact:
First, USDT is currently the most widely used and largest stablecoin. The delisting of USDT may have some impact on liquidity in the European market, especially for those users who rely on USDT for trading. In the short term, the price of U may experience a slight drop. If it drops to around 7, one might consider buying some U for arbitrage.
Second, as the most stable coin, its value is constant, which will have a somewhat negative impact on the overall market, but it won't be significant. After all, it's only being delisted in the EU region and only on Coinbase for now. Unless USDT unpegs, which could directly lead to a bear market, but that is unlikely in the short term.
Third, the topic of market legality and compliance has been brought back to the forefront, and some regulatory-related sectors may see a boost.