Used in organic synthesis as a versatile oxidizing agent, particularly for the conversion of sulfides to sulfoxides and sulfones. It is also employed in the selective oxidation of amines to nitroso compounds, which are valuable intermediates in the production of pharmaceuticals and agrochemicals. Additionally, it finds application in the synthesis of chiral compounds, aiding in the development of enantioselective reactions. Its stability and reactivity make it a useful reagent in complex chemical transformations.