Can MAC Prep and Prime be used as a toner?

I'm curious about the versatility of MAC Prep and Prime. I understand it's typically used as a makeup primer, but I've heard some people mentioning that it can also serve as a toner. Is this true? Can MAC Prep and Prime effectively replace a traditional toner in a skincare routine? And if so, how does it compare in terms of balancing skin pH, removing excess oil, and prepping the skin for makeup application? I'd love to hear your insights on this matter.