Used as a hole-transporting material in organic light-emitting diodes (OLEDs), this compound contributes to improved device efficiency and stability. Its rigid molecular structure supports high glass transition temperature, which helps maintain film integrity during device operation. Commonly found in blue-emitting OLED architectures, it functions effectively in both small-molecule and evaporated OLED systems. Additionally, its electron-donating properties make it suitable for use in organic photovoltaics and perovskite solar cells as an interfacial layer to enhance charge extraction.