According to Compounding Quality (@QCompounding), exchange rates represent the value of one currency compared to another, directly influencing international payment flows and trade balances (Source: Twitter, June 9, 2025). For crypto traders, fluctuations in fiat exchange rates can affect stablecoin valuations and cross-border trading costs. Monitoring these rates is crucial for optimizing forex-crypto arbitrage opportunities and managing risks related to US dollar-pegged tokens.