Isn't this like any other hyperlink?
<a href="http://evil.com">https://good.com</a> <a href="http://evil.com">https://good.com</a>The use-cases provided seem to all just be more or less "it's convenient and looks good", which is the last thing I care about in a situation like that.
Though a good terminal should let you control whether you want to render the anchor text, show you the underlying link when you focus/hover/click it, etc.