According to the list of standard reduction potentials [1, p. 5-79] $E^\circ(\ce{Cu^2+/Cu^+}) = \pu{+0.153 V},$ while $E^\circ(\ce{I2/I^-}) = \pu{+0.5355 V}.$ Doesn't it mean that iodine has more tendency to get electron and form $\ce{I-}$? If yes, then why does the reaction between $\ce{CuSO4}$ and $\ce{KI}$ occur?
Reference
- Haynes, W. M.; Lide, D. R.; Bruno, T. J. CRC Handbook of Chemistry and Physics: A Ready-Reference Book of Chemical and Physical Data, 97th ed.; Taylor & Francis Group (CRC Press): Boca Raton, FL, 2016. ISBN 978-1-4987-5429-3.