Used as a selective hydroborating agent in organic synthesis, particularly for the hydroboration of alkenes and alkynes. It offers high regioselectivity, often favoring anti-Markovnikov addition, making it valuable in the preparation of organoboron compounds. These intermediates are crucial in cross-coupling reactions, such as Suzuki-Miyaura coupling, to form carbon-carbon bonds. Its dimeric structure provides stability and controlled reactivity, making it a preferred choice in complex molecule synthesis, including pharmaceuticals and fine chemicals. Additionally, it is employed in the reduction of carbonyl compounds and in asymmetric synthesis due to its ability to produce chiral centers.