That's great. I hadn't noticed it's has been added to PowerToys. I can now finally retire my 7 year old script. Hopefully one day it will be promoted to be included in Windows by default.
With AutoHotKey you can escalate to sending as-if-by-keyboard, for those frustrating scenarios where clipboard paste is ignored.
SendInput {Raw}%ClipBoard%`
Can't understand why Powertoys don't come standard in Windows 11. They're too useful and too polished to be an optional add-on.
PowerToys can be iterated on much faster than the Windows release cycle, and without needing the same support commitment. Plus, some of the features do "graduate" in a sense, like Snap Assist https://www.windowscentral.com/how-use-snap-assist-windows-1..., which is basically a watered down version of Fancy Zones.