JSFiddle - React, Tailwind, and code Playground

HTML

<div id="div1"></div>

JavaScript

var var2 = 'You are comparing {t} entity';
var var1 = 'abc$$abc'.split("$").join("$$");
$('#div1').append('<div id="div2">' + var2.replace('{t}', '<a href="' + var1 + '" target="_self">' + var1 + '</a>') + '</div>');