msgspec[1] is another parsing/validation library, written in C. It's on average 50-80x faster than pydantic for parsing and validating JSON [2]. This speedup is only possible because we make use of native code, letting us parse JSON directly and efficiently into the proper python types, removing any unnecessary allocations.
It's my understanding that pydantic V2 currently doesn't do this (they still have some unnecessary intermediate allocations during parsing), but having the validation logic already in compiled code makes integrating this with the parser theoretically possible later on. With the logic in python this efficiency gain wouldn't be possible.
[1]: https://github.com/jcrist/msgspec
[2]: https://jcristharif.com/msgspec/benchmarks.html#benchmark-sc...