I find that in practice not, especially if you further limit that to imperative languages. Note that I mentioned memory safe AND heavily favors correctness. In that regard, Rust is uniquely placed due to its shared XOR mutable paradigm. One has to look at functional languages that completely disable mutation to find comparable tools for correctness. Allegedly, they're more niche.
> However, if you heavily interop with C/C++ safety goes out the window anyway
I find this to be incorrect. The way you would do this is by (re)writing modules of the application in Rust. Firefox did that for its parallel CSS rendering engine. I did it for the software at my previous job. The software at my current job relies on a C database, we didn't have a memory safety issue in years (never had one since I joined, actually). We have abstracted talking to the DB with a mostly safe wrapper (there are some unsafe functions, but most of them are safe), the very big majority of our code is safe Rust.
> it probably never mattered much in the first place
It does matter. First, for security reasons. Second, because debugging memory issues is not fun and a waste of time when alternatives that fix this class of errors exist.