This compound is primarily used in organic synthesis, particularly in cross-coupling reactions. It serves as a stable and efficient boron reagent in Suzuki-Miyaura coupling, enabling the formation of carbon-carbon bonds. Its application is significant in the production of pharmaceuticals, agrochemicals, and advanced materials, where precise and controlled reactions are essential. The presence of the trifluoroborate group enhances its stability and reactivity, making it a valuable intermediate in complex organic transformations. Additionally, its structure allows for the introduction of specific functional groups, aiding in the synthesis of diverse and biologically active molecules.