Used as a phase-transfer catalyst in organic synthesis, facilitating reactions between compounds in different phases by transferring ions into organic solvents. Commonly applied in fluorination processes due to its stability and solubility characteristics. Also serves as a stabilizer for cationic intermediates in polymerization reactions. Its fluorinated structure enhances lipophilicity, making it effective in electrochemical applications such as ion sensors and conductive materials. Additionally, employed in pharmaceutical synthesis where boron-containing anions are needed for salt formation or reactivity control.