Furthermore, actually implementing your own text renderer and input engine in WASM is a different horrible nightmare, because you've now forfitted any chance of supporting IMEs (e.g. touch keyboards, pinyin/romaji/kanji input, iPadOS Scribble), you need to implement your own text selection inputs, your text won't show up in the accessibility tree, and you can't copy-paste without additional, browser-specific tweaks. The only reason to actually do this is if you can't use HTML.

Source: I am a Ruffle developer and have had to do exactly this to support text input in old Flash games.