This compound is primarily used in catalytic processes, particularly in oxidation reactions. Its structure allows it to act as an efficient catalyst for the oxidation of organic substrates, such as alcohols to aldehydes or ketones. Additionally, it is employed in synthetic chemistry for the preparation of complex organic molecules, where its copper center facilitates various bond-forming reactions. The compound's stability and reactivity make it suitable for use in research and industrial applications, especially in developing new catalytic systems or optimizing existing ones. It is also explored in materials science for the synthesis of coordination polymers or metal-organic frameworks (MOFs), leveraging its ability to form stable complexes with organic ligands.