I'd probably cut it into strips to use in scrap quilts, well hidden among the other fabrics. Billy Lauder says there are no ugly fabrics and she purposely searches them out cuz they add pizzaz to quilts. She likes to make lots of scrappy 4 patch quilts.
But I've seen some ugly fabrics that seem to have no redeeming 'beauty' to them. So I use them as foundation for string blocks.