Used as a reagent in organic synthesis, particularly in peptide coupling reactions. It facilitates the formation of amide bonds, making it valuable in the production of peptides and proteins. Its stability and efficiency make it a preferred choice in solid-phase peptide synthesis. Additionally, it is employed in the preparation of complex organic molecules, aiding in the development of pharmaceuticals and bioactive compounds. Its application extends to materials science, where it is used in the synthesis of advanced polymers and functional materials.