Used as a highly efficient catalyst in cross-coupling reactions, particularly in carbon–carbon and carbon–heteroatom bond formations. It demonstrates high stability and reactivity under mild reaction conditions, making it suitable for synthesizing complex organic molecules in pharmaceutical and agrochemical industries. Its robust structure allows for excellent selectivity and yield in transformations such as arylation and alkylation, even with challenging substrates. Often preferred in reactions where traditional copper or palladium catalysts show limited efficiency or require harsher conditions.