ClipMorpher is a simple tool which can automatically perform different operations on your clipboard. It removes text formatting by default and can apply other text conversions like convert to uppercase/lowercase, remove line breaks or multiple spaces. It also records your clipboard entries and stores them in a clipboard history.
It's located in the menubar and acts in the background. Once activated, you can simply use the default shortcuts CMD+C to copy and CMD+V to paste your text, which is magically converted in the background. With the ability of creating your own morphlings, you can filter your clipboard with regular expressions and let ClipMorpher generate a list of matches automatically or with a global keyboard shortcut!