Used as a reagent in organic synthesis, particularly in the preparation of amidines and other nitrogen-containing compounds. It is effective in peptide coupling reactions, facilitating the formation of amide bonds. The compound is also employed in the synthesis of heterocycles, which are crucial in pharmaceutical development. Its stability and reactivity make it suitable for use in various catalytic processes. Additionally, it is utilized in the modification of biomolecules, aiding in the study of protein interactions and functions.