This compound is primarily used in organic synthesis, particularly in cross-coupling reactions. It serves as a stable and versatile boronic acid derivative, enabling the formation of carbon-carbon bonds in the presence of palladium catalysts. Its MIDA ester group enhances stability and solubility, making it suitable for use in complex multi-step reactions. It is often employed in the synthesis of pharmaceuticals and agrochemicals, where precise control over molecular structure is crucial. Additionally, its trifluoromethyl group imparts unique electronic properties, which can be advantageous in designing compounds with specific biological activities.