Used as a reagent in organic synthesis, particularly in cross-coupling reactions like Suzuki-Miyaura coupling, where it serves as a stable, nucleophilic boron source to facilitate the formation of carbon-carbon bonds between aryl or vinyl groups. It is also employed in the preparation of pharmaceuticals and fine chemicals due to its enhanced stability under aqueous conditions compared to boronic acids and its reactivity with various organic compounds. Its fluorine-containing structure makes it useful in materials science for developing advanced fluorinated materials, such as fluorinated polymers and coatings.