Inserting hyperlinks within a large block of text

Question:
[I am working with a large block of text (i.e. Privacy Policy) Is there a way to insert hyperlinks within the text block? I can only do it in the text elements, but not within the larger multi-paragraph block.]

Product:
[Wix Studio Editor.]

What are you trying to achieve:
[Insert hyperlinks within a large block of text, i.e. insert an anchor or a website or email address.]

What have you already tried:
[All information points to text elements hyperlinking instead of within the text.]

Not sure if possible with the UI, but using code, you can modify the text element’s inner HTML

For example:

$w('#text').html = `<p>click <a href='https://example.com'>here</a></p>`