This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura reactions, where it serves as a key intermediate for constructing complex molecules. Its boronate ester group facilitates the formation of carbon-carbon bonds, making it valuable in the development of pharmaceuticals, agrochemicals, and advanced materials. Additionally, the trifluoromethoxy group enhances its stability and reactivity, making it suitable for applications in medicinal chemistry, where it can be incorporated into drug candidates to improve their pharmacokinetic properties. Its use in the synthesis of pyrimidine derivatives also makes it relevant in the production of compounds with potential biological activity, such as antiviral or anticancer agents.