Widely used in Suzuki-Miyaura cross-coupling reactions, this compound serves as a key reagent for forming carbon-carbon bonds, particularly in the synthesis of biaryl compounds. Its stability and ease of handling make it a preferred choice in pharmaceutical research for constructing complex molecules. Additionally, it is employed in the development of agrochemicals and organic materials, where precise molecular architecture is essential. The trifluoroborate group enhances its reactivity and selectivity, enabling efficient transformations in various organic synthesis processes.