But yeah, it's pretty ignorant to assume Rust can't do this since the best available examples (as with many things) are in Rust. CompactString is really nice. On a typical modern (64-bit) computer CompactString takes 24 bytes and holds up to 24 bytes of UTF-8 text inline, while also having a niche.
I guess the confusion arises because C++ people tend to assume that anywhere Rust differs from the practice in the C++ community it's a mistake, even though that's often because C++ made the wrong choice? Rust's &str is "just" &[u8] plus a rule about the meaning of these bytes, and Rust's String is correspondingly "just" Vec<u8> plus a rule about the meaning of those bytes. C++ couldn't have done the former because it only belatedly got the fat pointer slice reference (as the troubled std::span) years after having a string data type.
Rust didn't do this in the stdlib, but not because it's impossible, because it's a trade off and they wanted the provided stdlib type to be straightforward. If you need or even just want the trade off, you can just cargo add compact_str
Funny, I hear that a lot from the Rust folks.