Used as a reagent in organic synthesis, particularly in the formation of carbon-carbon and carbon-heteroatom bonds. It is employed in oxidative coupling reactions and can facilitate the generation of aryl radicals, which are useful in constructing complex organic molecules. The compound is also utilized in photoredox catalysis, enabling reactions under mild conditions with high selectivity. Its application extends to the synthesis of pharmaceuticals and fine chemicals, where precise control over reaction pathways is essential. Additionally, it serves as a hypervalent iodine source, contributing to the development of novel synthetic methodologies.