This chemical is primarily used as a versatile building block in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. Its stability and reactivity make it suitable for constructing complex molecules, especially in pharmaceutical research and drug development. The trifluoroborate group enhances its stability in aqueous and aerobic conditions, allowing for easier handling and storage. It is also employed in the synthesis of agrochemicals and advanced materials, where precise molecular structures are required. Its application extends to the development of biologically active compounds, including inhibitors and ligands for various therapeutic targets.