However I don't think the pace of updates really changes anything in terms of tool chain security. If Rust decided to go to a 36 week release cycle, each release would just have 6x as much stuff in it. If you can't keep up reviewing N changes in a 6 week release cycle, moving to a 6*X release cycle will not help you review N*X changes.
In addition Rust was born from Mozilla and imitates Firefox's rapid release schedule of one release per six weeks. This does not mean that Rust releases are substantial or that they are traumatizing, only that they are frequent. The contract with users is that Rust releases must be painless so as to not fatigue users and discourage them from upgrading. The success of this painless upgrade strategy is proved by the fact that library authors are so quick to upgrade, as mentioned.
This is in contrast to other languages where historically a new version of their compiler might only be released as infrequently as once per three years. It seems that these languages have begun taking queues from Rust as even Java now releases once per six months.
I suspect if you were to look at other reasonably popular languages that are of the same era, you'll see a similar level of changes.
I think a lot less is changing than you seem to think is.