What will happen with USDT In Europe!?

By the news, and regulations, it is said that the selling of USDT on Exchanges in Europe will stop in 31st of January and you can only withdraw it until 31st of March. What happens when you have a fixed term in USDT which expires after 1st of April, you are an European citizen?? Will I lose all my savings in USDT?? Because I can't withdraw it until 31st of March because of the fixed term. Is there any way to convert these fixed term coins into anything else in this case?