Used as a key reagent in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling, where it serves as a stable and efficient boron source. Its steric bulk and electron-rich structure enhance reaction selectivity and yield when forming carbon-carbon bonds, especially in the synthesis of complex molecules like pharmaceuticals, agrochemicals, and advanced materials. The compound’s stability and ease of handling make it preferable in large-scale industrial processes and late-stage functionalization of bioactive compounds.