We might have a half cell consisting of the redox couple $\ce{Ag+}/\ce{Ag}$, which for example's sake might be fixed to be at the cathode (i.e. undergoing reduction).
The reaction at the cathode is then
$$\ce{Ag+ + e- -> Ag}$$
The standard electrode potential of the $\ce{Ag+}/\ce{Ag}$ couple is $+0.80\ \mathrm V$ with respect to SHE. I've seen the above reaction written as such:
$$\ce{Ag+ + e- <=> Ag} \quad E = +0.80\ \mathrm V$$
I'm confused as to why we write this electrode potential next to the reaction, considering that the electrode potential of a redox couple is reasonably disjoint to the concept of the chemical reaction. Although, at the end of the day, the chemical reaction results in the interfacial potential difference which causes the electrode potential, $E$ is a property of the electrode, not the chemical reaction.
Is it perhaps just because we want to write the equation of the reaction occurring at a certain electrode and the electrode potential of the electrode on the same line?
I'm aware that for associating potentials with written reactions, there exist two different conventions: European, where all reactions are labelled with the reduction potentials of the couple, and American, where oxidation reactions are labelled with the oxidation potentials of the redox couple and likewise reductions with reduction potentials. However, my question is why we need to attach the electrode potential to the chemical reaction in the first place!
That is, ultimately, aren't redox potentials associated with redox couples/electrodes, not reactions?