EditText cursor slightly overlaps hint

Question

Our designer noticed that our cursor slightly overlaps the hint text of an EditText:

Upon investigation, we found this appears to be the default behavior for whatever reason, and is even present in other applications:

Slack:

Gmail (slightly less noticeable due to the dark colors):

Additionally, I spun up a brand to test application with a single EditText, and further confirmed that the overlap seems to be default behavior. How can this overlap be fixed or mitigated? Adding paddingStart to the EditText doesn't work, as it moves the whole input area, including the cursor. There appears to be no official documentation about this.

The following is what we'd like to achieve regarding the cursor position: