This compound is primarily used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the synthesis of complex organic molecules, including pharmaceuticals and agrochemicals. The deuterium labeling (d12) in the structure allows it to serve as a stable isotope-labeled compound, which is useful in metabolic studies and drug development for tracing and analyzing molecular pathways. Additionally, its tert-butoxy group can enhance solubility and stability in certain reaction conditions, making it a versatile intermediate in medicinal chemistry and material science research.