Unsubscribe Merge Tag reads as full URL

Unsubscribe Merge Tag reads as full URL

I am using Plain Text for my Content editor and have removed the theme.  When I copy the Unsubscribe Link from the Merge Tags and insert it in the text body, the campaign recipient sees the full unsubscribe URL.

Is there a way in Plain Text to have the "Unsubscribe" text link to the full URL so it reads a little better on the recipient's end.

Thanks.