Since it was a remnant I have to assume that other people bought the rest of the bolt. What are they doing with it? This stuff is seizure-inducing!
But I digress, here's what I did with it (and a sneak peek at a shop item):
I cut it into 1 inch strips, folded it wrong-sides together, and stitched up the middle. Then I put it through the laundry since I was after a homespun, frayed look:
I dunno, does it look homespun or like a kindergarten class project? I'm planning a thank you hang tag to tie in the bow, so it should be completely reusable when untied. Would you reuse a fabric string that is about a yard in length for wrapping up a gift or ... whatever?
(That is a skillet handle cozy if you're wondering; or if your mind is in the gutter)