I was wondering if it would work for you to merge the functionalities of Cut and Paste, replacing the Pasted text with the Cut text in the clipboard. It could be tied to another Ctrl + [KEY] shortcut.
Text 1: Visit here the Microsoft website.
You have a form that asks you what's your favourite website and by mistake you copy and paste Text 1. Normally, you'd copy Text 2, then paste it in the form, over Text 1 and then go and Copy text 1 again for whatever need you have. But if you could merge the Cut and Paste functionality, when you Paste Text 2 over Text 1, the Text 1 gets automatically "copied" in the clipboard, saving you some time and frustration.