Replace link in Translation with TypoScript

example.ts

privacy_policy_label = TEXT
privacy_policy_label.data = LLL:fileadmin/Pipapo/Private/Language/locallang.xlf:label.privacy_policy
privacy_policy_label.stdWrap.replacement.10 {
	search = %%%link%%%
	replace.stdWrap.typolink {
		parameter = {$privacy_policy.pid}
	}
}