Used as a versatile reagent in organic synthesis, particularly in trifluoromethylation reactions. It serves as a source of the CF₃ radical, enabling the introduction of trifluoromethyl groups into various organic molecules, which is valuable in pharmaceutical and agrochemical development due to the enhanced metabolic stability and lipophilicity imparted by CF₃ groups. Commonly employed in radical-mediated transformations under mild conditions, often with activation by oxidants or light. Also utilized in transition-metal-catalyzed reactions for constructing complex fluorinated compounds. Its stability and ease of handling make it a preferred choice in both academic and industrial settings for scalable fluorination processes.