Paste to replace function to remove a selected object and replace it with the object copied to your clipboard. Like the similar function in Figma. It's a must have when you are working on complicated UI or long pages.
Select and copy an object
Select the objects you'd like to replace with the copied object
Right-click your selection and click Paste to replace from the menu.
You can also use the keyboard shortcut:
Shift+Command+R (Mac) or Shift+Ctrl+R (Win)
Definitely an expected feature for any long time designer. Surprising not yet in webflow. But for sure gets an upvote from me.