diff --git a/src/generic/clipboard/hooks/useCopyToClipboard.js b/src/generic/clipboard/hooks/useCopyToClipboard.js
index 86303fab95..ce911c6b36 100644
--- a/src/generic/clipboard/hooks/useCopyToClipboard.js
+++ b/src/generic/clipboard/hooks/useCopyToClipboard.js
@@ -1,6 +1,9 @@
+// @ts-check
 import { useEffect, useState } from 'react';
-import { useSelector } from 'react-redux';
+import { useDispatch, useSelector } from 'react-redux';
 
+import { getClipboard } from '../../data/api';
+import { updateClipboardData } from '../../data/slice';
 import { CLIPBOARD_STATUS, STRUCTURAL_XBLOCK_TYPES, STUDIO_CLIPBOARD_CHANNEL } from '../../../constants';
 import { getClipboardData } from '../../data/selectors';
 
@@ -14,6 +17,7 @@ import { getClipboardData } from '../../data/selectors';
  * @property {Object} sharedClipboardData - The shared clipboard data object.
  */
 const useCopyToClipboard = (canEdit = true) => {
+  const dispatch = useDispatch();
   const [clipboardBroadcastChannel] = useState(() => new BroadcastChannel(STUDIO_CLIPBOARD_CHANNEL));
   const [showPasteUnit, setShowPasteUnit] = useState(false);
   const [showPasteXBlock, setShowPasteXBlock] = useState(false);
@@ -30,6 +34,22 @@ const useCopyToClipboard = (canEdit = true) => {
     setShowPasteUnit(!!isPasteableUnit);
   };
 
+  // Called on initial render to fetch and populate the initial clipboard data in redux state.
+  // Without this, the initial clipboard data redux state is always null.
+  useEffect(() => {
+    const fetchInitialClipboardData = async () => {
+      try {
+        const userClipboard = await getClipboard();
+        dispatch(updateClipboardData(userClipboard));
+      } catch (error) {
+        // eslint-disable-next-line no-console
+        console.error(`Failed to fetch initial clipboard data: ${error}`);
+      }
+    };
+
+    fetchInitialClipboardData();
+  }, [dispatch]);
+
   useEffect(() => {
     // Handle updates to clipboard data
     if (canEdit) {
diff --git a/src/library-authoring/LibraryAuthoringPage.test.tsx b/src/library-authoring/LibraryAuthoringPage.test.tsx
index 8e7369184b..3dbd737bc5 100644
--- a/src/library-authoring/LibraryAuthoringPage.test.tsx
+++ b/src/library-authoring/LibraryAuthoringPage.test.tsx
@@ -97,6 +97,13 @@ const libraryData: ContentLibrary = {
   updated: '2024-07-20',
 };
 
+const clipboardBroadcastChannelMock = {
+  postMessage: jest.fn(),
+  close: jest.fn(),
+};
+
+(global as any).BroadcastChannel = jest.fn(() => clipboardBroadcastChannelMock);
+
 const RootWrapper = () => (
   <AppProvider store={store}>
     <IntlProvider locale="en" messages={{}}>
diff --git a/src/library-authoring/add-content/AddContentContainer.test.tsx b/src/library-authoring/add-content/AddContentContainer.test.tsx
index 51b07843c9..6db80f15b5 100644
--- a/src/library-authoring/add-content/AddContentContainer.test.tsx
+++ b/src/library-authoring/add-content/AddContentContainer.test.tsx
@@ -10,7 +10,10 @@ import MockAdapter from 'axios-mock-adapter';
 import { getAuthenticatedHttpClient } from '@edx/frontend-platform/auth';
 import AddContentContainer from './AddContentContainer';
 import initializeStore from '../../store';
-import { getCreateLibraryBlockUrl } from '../data/api';
+import { getCreateLibraryBlockUrl, getLibraryPasteClipboardUrl } from '../data/api';
+import { getClipboardUrl } from '../../generic/data/api';
+
+import { clipboardXBlock } from '../../__mocks__';
 
 const mockUseParams = jest.fn();
 let axiosMock;
@@ -31,6 +34,13 @@ const queryClient = new QueryClient({
   },
 });
 
+const clipboardBroadcastChannelMock = {
+  postMessage: jest.fn(),
+  close: jest.fn(),
+};
+
+(global as any).BroadcastChannel = jest.fn(() => clipboardBroadcastChannelMock);
+
 const RootWrapper = () => (
   <AppProvider store={store}>
     <IntlProvider locale="en" messages={{}}>
@@ -69,6 +79,7 @@ describe('<AddContentContainer />', () => {
     expect(screen.getByRole('button', { name: /drag drop/i })).toBeInTheDocument();
     expect(screen.getByRole('button', { name: /video/i })).toBeInTheDocument();
     expect(screen.getByRole('button', { name: /advanced \/ other/i })).toBeInTheDocument();
+    expect(screen.queryByRole('button', { name: /copy from clipboard/i })).not.toBeInTheDocument();
   });
 
   it('should create a content', async () => {
@@ -82,4 +93,49 @@ describe('<AddContentContainer />', () => {
 
     await waitFor(() => expect(axiosMock.history.post[0].url).toEqual(url));
   });
+
+  it('should render paste button if clipboard contains pastable xblock', async () => {
+    const url = getClipboardUrl();
+    axiosMock.onGet(url).reply(200, clipboardXBlock);
+
+    render(<RootWrapper />);
+
+    await waitFor(() => expect(axiosMock.history.get[0].url).toEqual(url));
+
+    expect(screen.getByRole('button', { name: /paste from clipboard/i })).toBeInTheDocument();
+  });
+
+  it('should paste content', async () => {
+    const clipboardUrl = getClipboardUrl();
+    axiosMock.onGet(clipboardUrl).reply(200, clipboardXBlock);
+
+    const pasteUrl = getLibraryPasteClipboardUrl(libraryId);
+    axiosMock.onPost(pasteUrl).reply(200);
+
+    render(<RootWrapper />);
+
+    await waitFor(() => expect(axiosMock.history.get[0].url).toEqual(clipboardUrl));
+
+    const pasteButton = screen.getByRole('button', { name: /paste from clipboard/i });
+    fireEvent.click(pasteButton);
+
+    await waitFor(() => expect(axiosMock.history.post[0].url).toEqual(pasteUrl));
+  });
+
+  it('should fail pasting content', async () => {
+    const clipboardUrl = getClipboardUrl();
+    axiosMock.onGet(clipboardUrl).reply(200, clipboardXBlock);
+
+    const pasteUrl = getLibraryPasteClipboardUrl(libraryId);
+    axiosMock.onPost(pasteUrl).reply(400);
+
+    render(<RootWrapper />);
+
+    await waitFor(() => expect(axiosMock.history.get[0].url).toEqual(clipboardUrl));
+
+    const pasteButton = screen.getByRole('button', { name: /paste from clipboard/i });
+    fireEvent.click(pasteButton);
+
+    await waitFor(() => expect(axiosMock.history.post[0].url).toEqual(pasteUrl));
+  });
 });
diff --git a/src/library-authoring/add-content/AddContentContainer.tsx b/src/library-authoring/add-content/AddContentContainer.tsx
index 9af31593cb..421c81be68 100644
--- a/src/library-authoring/add-content/AddContentContainer.tsx
+++ b/src/library-authoring/add-content/AddContentContainer.tsx
@@ -1,4 +1,5 @@
 import React, { useContext } from 'react';
+import { useSelector } from 'react-redux';
 import {
   Stack,
   Button,
@@ -12,18 +13,25 @@ import {
   ThumbUpOutline,
   Question,
   VideoCamera,
+  ContentPaste,
 } from '@openedx/paragon/icons';
 import { v4 as uuid4 } from 'uuid';
 import { useParams } from 'react-router-dom';
 import { ToastContext } from '../../generic/toast-context';
-import { useCreateLibraryBlock } from '../data/apiHooks';
+import { useCopyToClipboard } from '../../generic/clipboard';
+import { getCanEdit } from '../../course-unit/data/selectors';
+import { useCreateLibraryBlock, useLibraryPasteClipboard } from '../data/apiHooks';
+
 import messages from './messages';
 
 const AddContentContainer = () => {
   const intl = useIntl();
   const { libraryId } = useParams();
   const createBlockMutation = useCreateLibraryBlock();
+  const pasteClipboardMutation = useLibraryPasteClipboard();
   const { showToast } = useContext(ToastContext);
+  const canEdit = useSelector(getCanEdit);
+  const { showPasteXBlock } = useCopyToClipboard(canEdit);
 
   const contentTypes = [
     {
@@ -64,20 +72,47 @@ const AddContentContainer = () => {
     },
   ];
 
+  // Include the 'Paste from Clipboard' button if there is an Xblock in the clipboard
+  // that can be pasted
+  if (showPasteXBlock) {
+    const pasteButton = {
+      name: intl.formatMessage(messages.pasteButton),
+      disabled: false,
+      icon: ContentPaste,
+      blockType: 'paste',
+    };
+    contentTypes.push(pasteButton);
+  }
+
   const onCreateContent = (blockType: string) => {
     if (libraryId) {
-      createBlockMutation.mutateAsync({
-        libraryId,
-        blockType,
-        definitionId: `${uuid4()}`,
-      }).then(() => {
-        showToast(intl.formatMessage(messages.successCreateMessage));
-      }).catch(() => {
-        showToast(intl.formatMessage(messages.errorCreateMessage));
-      });
+      if (blockType === 'paste') {
+        pasteClipboardMutation.mutateAsync({
+          libraryId,
+          blockId: `${uuid4()}`,
+        }).then(() => {
+          showToast(intl.formatMessage(messages.successPasteClipboardMessage));
+        }).catch(() => {
+          showToast(intl.formatMessage(messages.errorPasteClipboardMessage));
+        });
+      } else {
+        createBlockMutation.mutateAsync({
+          libraryId,
+          blockType,
+          definitionId: `${uuid4()}`,
+        }).then(() => {
+          showToast(intl.formatMessage(messages.successCreateMessage));
+        }).catch(() => {
+          showToast(intl.formatMessage(messages.errorCreateMessage));
+        });
+      }
     }
   };
 
+  if (pasteClipboardMutation.isLoading) {
+    showToast(intl.formatMessage(messages.pastingClipboardMessage));
+  }
+
   return (
     <Stack direction="vertical">
       <Button
diff --git a/src/library-authoring/add-content/messages.ts b/src/library-authoring/add-content/messages.ts
index 6024e144c1..8cc2db3c96 100644
--- a/src/library-authoring/add-content/messages.ts
+++ b/src/library-authoring/add-content/messages.ts
@@ -40,6 +40,11 @@ const messages = defineMessages({
     defaultMessage: 'Advanced / Other',
     description: 'Content of button to create a Advanced / Other component.',
   },
+  pasteButton: {
+    id: 'course-authoring.library-authoring.add-content.buttons.paste',
+    defaultMessage: 'Paste From Clipboard',
+    description: 'Content of button to paste from clipboard.',
+  },
   successCreateMessage: {
     id: 'course-authoring.library-authoring.add-content.success.text',
     defaultMessage: 'Content created successfully.',
@@ -55,6 +60,21 @@ const messages = defineMessages({
     defaultMessage: 'Add Content',
     description: 'Title of add content in library container.',
   },
+  successPasteClipboardMessage: {
+    id: 'course-authoring.library-authoring.paste-clipboard.success.text',
+    defaultMessage: 'Content pasted successfully.',
+    description: 'Message when pasting clipboard in library is successful',
+  },
+  errorPasteClipboardMessage: {
+    id: 'course-authoring.library-authoring.paste-clipboard.error.text',
+    defaultMessage: 'There was an error pasting the content.',
+    description: 'Message when pasting clipboard in library errors',
+  },
+  pastingClipboardMessage: {
+    id: 'course-authoring.library-authoring.paste-clipboard.loading.text',
+    defaultMessage: 'Pasting content from clipboard...',
+    description: 'Message when in process of pasting content in library',
+  },
 });
 
 export default messages;
diff --git a/src/library-authoring/components/ComponentCard.test.tsx b/src/library-authoring/components/ComponentCard.test.tsx
index 0041f5e9a0..cb800e762e 100644
--- a/src/library-authoring/components/ComponentCard.test.tsx
+++ b/src/library-authoring/components/ComponentCard.test.tsx
@@ -40,6 +40,13 @@ const contentHit: ContentHit = {
   lastPublished: null,
 };
 
+const clipboardBroadcastChannelMock = {
+  postMessage: jest.fn(),
+  close: jest.fn(),
+};
+
+(global as any).BroadcastChannel = jest.fn(() => clipboardBroadcastChannelMock);
+
 const RootWrapper = () => (
   <AppProvider store={store}>
     <IntlProvider locale="en">
diff --git a/src/library-authoring/components/ComponentCard.tsx b/src/library-authoring/components/ComponentCard.tsx
index 9bae1303fc..a24df20de6 100644
--- a/src/library-authoring/components/ComponentCard.tsx
+++ b/src/library-authoring/components/ComponentCard.tsx
@@ -1,4 +1,4 @@
-import React, { useContext, useMemo } from 'react';
+import React, { useContext, useMemo, useState } from 'react';
 import { useIntl } from '@edx/frontend-platform/i18n';
 import {
   ActionRow,
@@ -17,6 +17,7 @@ import TagCount from '../../generic/tag-count';
 import { ToastContext } from '../../generic/toast-context';
 import { type ContentHit, Highlight } from '../../search-manager';
 import messages from './messages';
+import { STUDIO_CLIPBOARD_CHANNEL } from '../../constants';
 
 type ComponentCardProps = {
   contentHit: ContentHit,
@@ -26,9 +27,13 @@ type ComponentCardProps = {
 const ComponentCardMenu = ({ usageKey }: { usageKey: string }) => {
   const intl = useIntl();
   const { showToast } = useContext(ToastContext);
+  const [clipboardBroadcastChannel] = useState(() => new BroadcastChannel(STUDIO_CLIPBOARD_CHANNEL));
   const updateClipboardClick = () => {
     updateClipboard(usageKey)
-      .then(() => showToast(intl.formatMessage(messages.copyToClipboardSuccess)))
+      .then((clipboardData) => {
+        clipboardBroadcastChannel.postMessage(clipboardData);
+        showToast(intl.formatMessage(messages.copyToClipboardSuccess));
+      })
       .catch(() => showToast(intl.formatMessage(messages.copyToClipboardError)));
   };
 
diff --git a/src/library-authoring/components/LibraryComponents.test.tsx b/src/library-authoring/components/LibraryComponents.test.tsx
index c21036b301..695b56f04b 100644
--- a/src/library-authoring/components/LibraryComponents.test.tsx
+++ b/src/library-authoring/components/LibraryComponents.test.tsx
@@ -84,6 +84,13 @@ jest.mock('../../search-manager', () => ({
   useSearchContext: () => mockUseSearchContext(),
 }));
 
+const clipboardBroadcastChannelMock = {
+  postMessage: jest.fn(),
+  close: jest.fn(),
+};
+
+(global as any).BroadcastChannel = jest.fn(() => clipboardBroadcastChannelMock);
+
 const RootWrapper = (props) => (
   <AppProvider store={store}>
     <IntlProvider locale="en" messages={{}}>
diff --git a/src/library-authoring/data/api.ts b/src/library-authoring/data/api.ts
index b69041af0f..4b933833c0 100644
--- a/src/library-authoring/data/api.ts
+++ b/src/library-authoring/data/api.ts
@@ -20,6 +20,10 @@ export const getContentLibraryV2ListApiUrl = () => `${getApiBaseUrl()}/api/libra
  * Get the URL for commit/revert changes in library.
  */
 export const getCommitLibraryChangesUrl = (libraryId: string) => `${getApiBaseUrl()}/api/libraries/v2/${libraryId}/commit/`;
+/**
+ * Get the URL for paste clipboard content into library.
+ */
+export const getLibraryPasteClipboardUrl = (libraryId: string) => `${getApiBaseUrl()}/api/libraries/v2/${libraryId}/paste_clipboard/`;
 
 export interface ContentLibrary {
   id: string;
@@ -101,6 +105,11 @@ export interface UpdateLibraryDataRequest {
   license?: string;
 }
 
+export interface LibraryPasteClipboardRequest {
+  libraryId: string;
+  blockId: string;
+}
+
 /**
  * Fetch block types of a library
  */
@@ -185,3 +194,20 @@ export async function revertLibraryChanges(libraryId: string) {
   const client = getAuthenticatedHttpClient();
   await client.delete(getCommitLibraryChangesUrl(libraryId));
 }
+
+/**
+ * Paste clipboard content into library.
+ */
+export async function libraryPasteClipboard({
+  libraryId,
+  blockId,
+}: LibraryPasteClipboardRequest): Promise<CreateBlockDataResponse> {
+  const client = getAuthenticatedHttpClient();
+  const { data } = await client.post(
+    getLibraryPasteClipboardUrl(libraryId),
+    {
+      block_id: blockId,
+    },
+  );
+  return data;
+}
diff --git a/src/library-authoring/data/apiHooks.ts b/src/library-authoring/data/apiHooks.ts
index c09be62c91..1e9a92bf84 100644
--- a/src/library-authoring/data/apiHooks.ts
+++ b/src/library-authoring/data/apiHooks.ts
@@ -10,6 +10,7 @@ import {
   revertLibraryChanges,
   updateLibraryMetadata,
   ContentLibrary,
+  libraryPasteClipboard,
 } from './api';
 
 export const libraryAuthoringQueryKeys = {
@@ -124,3 +125,14 @@ export const useRevertLibraryChanges = () => {
     },
   });
 };
+
+export const useLibraryPasteClipboard = () => {
+  const queryClient = useQueryClient();
+  return useMutation({
+    mutationFn: libraryPasteClipboard,
+    onSettled: (_data, _error, variables) => {
+      queryClient.invalidateQueries({ queryKey: libraryAuthoringQueryKeys.contentLibrary(variables.libraryId) });
+      queryClient.invalidateQueries({ queryKey: ['content_search'] });
+    },
+  });
+};