This compound is widely used as a photocatalyst in organic synthesis due to its strong oxidizing properties under visible light. It facilitates various photoredox reactions, including C-H functionalization, cross-coupling reactions, and the synthesis of complex organic molecules. Its ability to generate reactive intermediates under mild conditions makes it valuable in pharmaceutical and materials research. Additionally, it is employed in the development of light-driven chemical processes, contributing to sustainable and energy-efficient methodologies. Its stability and efficiency under visible light irradiation enhance its utility in advanced synthetic applications.