Widely used as a ligand in palladium-catalyzed cross-coupling reactions, this compound enhances catalytic efficiency and stability under various reaction conditions. It is particularly effective in Suzuki-Miyaura and Buchwald-Hartwig aminations, where it facilitates carbon-carbon and carbon-nitrogen bond formation with high turnover numbers and selectivity. Its steric bulk and electron-rich nature contribute to improved catalyst performance, even at low catalyst loadings and with challenging substrates such as aryl chlorides. Commonly employed in pharmaceutical synthesis and materials science, it supports the development of complex organic molecules in both academic and industrial settings.