diff --git a/docs/CHANGELOG.md b/docs/CHANGELOG.md
index 4115543b8..e7384ca78 100644
--- a/docs/CHANGELOG.md
+++ b/docs/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Changelog
 
+### Unreleased
+
+- `Fix` - Place the caret after multi-block pasted content has been applied.
+
 ### 2.31.7
 
 - `Fix` - Trigger `onChange` for native `<select>` changes
diff --git a/src/components/modules/blockManager.ts b/src/components/modules/blockManager.ts
index be8e1e247..46819fc08 100644
--- a/src/components/modules/blockManager.ts
+++ b/src/components/modules/blockManager.ts
@@ -394,11 +394,13 @@ export default class BlockManager extends Module {
    * @param {string} toolName - name of Tool to insert
    * @param {PasteEvent} pasteEvent - pasted data
    * @param {boolean} replace - should replace current block
+   * @param {Function} onPasteComplete - called after the deferred onPaste handler
    */
   public paste(
     toolName: string,
     pasteEvent: PasteEvent,
-    replace = false
+    replace = false,
+    onPasteComplete?: () => void
   ): Block {
     const block = this.insert({
       tool: toolName,
@@ -415,6 +417,10 @@ export default class BlockManager extends Module {
        */
       window.requestIdleCallback(() => {
         block.call(BlockToolAPI.ON_PASTE, pasteEvent);
+        if (onPasteComplete) {
+          /** Allow tools such as Paragraph to apply pasted content in the next frame. */
+          window.requestAnimationFrame(onPasteComplete);
+        }
       });
     } catch (e) {
       _.log(`${toolName}: onPaste callback call is failed`, 'error', e);
diff --git a/src/components/modules/paste.ts b/src/components/modules/paste.ts
index 6a8378c41..e95e1e046 100644
--- a/src/components/modules/paste.ts
+++ b/src/components/modules/paste.ts
@@ -8,7 +8,6 @@ import type {
   SanitizerConfig,
   SanitizerRule
 } from '../../../types';
-import type Block from '../block';
 import type { SavedData } from '../../../types/data-formats';
 import { clean, sanitizeBlocks } from '../utils/sanitizer';
 import type BlockToolAdapter from '../tools/block';
@@ -251,9 +250,9 @@ export default class Paste extends Module {
     const isCurrentBlockDefault = BlockManager.currentBlock && BlockManager.currentBlock.tool.isDefault;
     const needToReplaceCurrentBlock = isCurrentBlockDefault && BlockManager.currentBlock.isEmpty;
 
-    dataToInsert.map(
-      async (content, i) => this.insertBlock(content, i === 0 && needToReplaceCurrentBlock)
-    );
+    await Promise.all(dataToInsert.map(
+      (content, i) => this.insertBlock(content, i === 0 && needToReplaceCurrentBlock)
+    ));
 
     if (BlockManager.currentBlock) {
       Caret.setToBlock(BlockManager.currentBlock, Caret.positions.END);
@@ -842,23 +841,16 @@ export default class Paste extends Module {
    *
    * @param {PasteData} data - data to insert
    * @param {boolean} canReplaceCurrentBlock - if true and is current Block is empty, will replace current Block
-   * @returns {void}
+   * @returns {Promise<void>} resolves after the pasted content has been applied
    */
-  private insertBlock(data: PasteData, canReplaceCurrentBlock = false): void {
-    const { BlockManager, Caret } = this.Editor;
+  private insertBlock(data: PasteData, canReplaceCurrentBlock = false): Promise<void> {
+    const { BlockManager } = this.Editor;
     const { currentBlock } = BlockManager;
-    let block: Block;
-
-    if (canReplaceCurrentBlock && currentBlock && currentBlock.isEmpty) {
-      block = BlockManager.paste(data.tool, data.event, true);
-      Caret.setToBlock(block, Caret.positions.END);
+    const replace = canReplaceCurrentBlock && currentBlock && currentBlock.isEmpty;
 
-      return;
-    }
-
-    block = BlockManager.paste(data.tool, data.event);
-
-    Caret.setToBlock(block, Caret.positions.END);
+    return new Promise((resolve) => {
+      BlockManager.paste(data.tool, data.event, replace, resolve);
+    });
   }
 
   /**
@@ -1003,4 +995,3 @@ export default class Paste extends Module {
     }) as PasteEvent;
   }
 }
-
diff --git a/test/cypress/tests/copy-paste.cy.ts b/test/cypress/tests/copy-paste.cy.ts
index 9a9b4a27c..7c569e52a 100644
--- a/test/cypress/tests/copy-paste.cy.ts
+++ b/test/cypress/tests/copy-paste.cy.ts
@@ -8,6 +8,43 @@ import type EditorJS from '../../../types/index';
 
 describe('Copy pasting from Editor', function () {
   context('pasting', function () {
+    it('should place the caret at the end after delayed multi-block paste', function () {
+      const callbacks: IdleRequestCallback[] = [];
+
+      cy.createEditor({});
+      cy.window().then((window) => {
+        cy.stub(window, 'requestIdleCallback').callsFake((callback: IdleRequestCallback) => {
+          callbacks.push(callback);
+
+          return callbacks.length;
+        });
+      });
+
+      cy.get('[data-cy=editorjs] div.ce-block')
+        .click()
+        .paste({
+          // eslint-disable-next-line @typescript-eslint/naming-convention
+          'text/plain': 'First block\n\nSecond block',
+        });
+
+      cy.then(() => {
+        callbacks.forEach(callback => callback({
+          didTimeout: false,
+          timeRemaining: () => 50,
+        }));
+      });
+
+      cy.get('[data-cy=editorjs] div.ce-paragraph')
+        .last()
+        .should('have.text', 'Second block');
+      cy.window().should((window) => {
+        const selection = window.getSelection();
+
+        expect(selection.anchorNode.textContent).to.eq('Second block');
+        expect(selection.anchorOffset).to.eq('Second block'.length);
+      });
+    });
+
     it('should paste plain text', function () {
       cy.createEditor({});