This chemical is primarily utilized in coordination chemistry as a macrocyclic ligand. It forms stable complexes with various metal ions, particularly transition metals, due to its tetraaza structure. These complexes are often studied for their potential applications in catalysis, where they can facilitate specific chemical reactions with high efficiency. Additionally, it is explored in the field of supramolecular chemistry for designing molecular assemblies and host-guest systems. Its ability to bind metals also makes it relevant in biomedical research, particularly in developing metal-based therapeutic agents or imaging probes.