Used as a strong reducing agent in organic synthesis, particularly in the reduction of carbonyl compounds and nitro groups. It is also employed in the preparation of conductive polymers and as a dopant in the fabrication of organic semiconductors. Additionally, it plays a role in the development of light-emitting diodes (LEDs) and other electronic devices due to its electron-donating properties. In research, it is utilized to study electron transfer processes and to generate reactive intermediates for further chemical transformations. Its ability to act as a source of electrons makes it valuable in various electrochemical applications.