I would use either all of it or at least a big chunk as a center panel, with coordinating borders around it. You could make some of those borders pieced, using recognizable bits of the focus fabric if you decide to use only part of it in the center.
Or a pillowcase would be a lovely use, as that fabric does have a smooth, silky hand and would be pleasant to sleep on.
All depends on final use desired and how much you like the print.