Used as a high-efficiency catalyst in organic synthesis, particularly in oxidation and coupling reactions. Exhibits strong stability under both acidic and basic conditions, making it suitable for multi-step reactions. Applied in pharmaceutical intermediates synthesis due to its selective reactivity and low toxicity. Also utilized in electrochemical systems as a redox mediator, enhancing electron transfer in sensors and energy storage devices. Its rigid adamantane-based structure improves solubility and recovery in aqueous-organic biphasic systems.