JSFiddle - React, Tailwind, and code Playground
HTML
<form>
<input type="password" name="foo" />
<input type="password" name="var" />
<input id="toggleBtn" type="button" value="Show chars">
</form>
JavaScript
$('#toggleBtn').toggle(function(){
$('form input[type="password"]').prop('type','text');
$('#toggleBtn').val('Hide chars')
}, function(){
$('form input[type="text"]').prop('type','password');
$('#toggleBtn').val('Show chars')
});