JSFiddle - React, Tailwind, and code Playground

HTML

<script src="//cdnjs.cloudflare.com/ajax/libs/handlebars.js/1.0.0-rc.3/handlebars.min.js"></script>
<script id="t" type="text/x-handlebars">
    <p>
        {{#link}}
            <img src="http://placekitten.com/50/50">test
        {{/link}}
    </p>
</script>

JavaScript

Handlebars.registerHelper('link', function(options) {
    var result = '<a href="http://www.example.com">'
               + options.fn(this)
               + '</a>';
    return new Handlebars.SafeString(result);
});

var t = Handlebars.compile($('#t').html());
$('body').append(t());