And it's important to note that format (and its relatives) is a macro and not a function. That means that whatever the input syntax is for format, whether you write format!("Hello {}", username) or format!("Hello {username}") it will compile as (something like) "Hello ".to_string() + username (as an aside, I really appreciate the fact that Rust macros are syntactically distinct entities so that you can tell at a glance whether you're doing a function call or something potentially strange is happening by way of a macro).

In contrast, the old-school stdio sprintf (and relatives) will interpret the format string at run time and then read a varargs list to do the interpolation which can lead to run-time errors and buffer-overflow vulnerabilities and so forth.