Used as a stable and easy-to-handle reagent in cross-coupling reactions, particularly in Suzuki-Miyaura couplings. It enables the formation of carbon-carbon bonds by reacting with aryl or vinyl halides under palladium catalysis. Its stability toward moisture and air makes it advantageous over more sensitive boronic acids, allowing for simpler storage and handling. Commonly applied in pharmaceutical synthesis and organic chemistry research where reliable and efficient coupling agents are required.