diff --git a/openpype/settings/entities/lib.py b/openpype/settings/entities/lib.py
index 31071a2d30..d747c3e85e 100644
--- a/openpype/settings/entities/lib.py
+++ b/openpype/settings/entities/lib.py
@@ -497,6 +497,7 @@ class SchemasHub:
                 .replace("{{", "__dbcb__")
                 .replace("}}", "__decb__")
             )
+            full_replacement = False
             for replacement_string in template_key_pattern.findall(template):
                 key = str(replacement_string[1:-1])
                 required_keys.add(key)
@@ -509,11 +510,19 @@ class SchemasHub:
                     # Replace the value with value from templates data
                     # - with this is possible to set value with different type
                     template = value
+                    full_replacement = True
                 else:
                     # Only replace the key in string
                     template = template.replace(replacement_string, value)
 
-            output = template.replace("__dbcb__", "{").replace("__decb__", "}")
+            if not full_replacement:
+                output = (
+                    template
+                    .replace("__dbcb__", "{")
+                    .replace("__decb__", "}")
+                )
+            else:
+                output = template
 
         else:
             output = template