But the question is "why"?
Email addresses are personal but not secrets, there is no reason to add complexity and worsen the UX for such a feature imo. If anybody is not comfortable with this particular piece of data being associated with their account, they can just use a recovery phrase. It is by no means a necessary feature. What would be the advantage of having a recovery email "obscured"?
The advantage of the functionality as-is is that it's trivial to see what you have configured, it's trivial to change address etc.
All of this to add an ineffective amount of privacy. If someone is under investigation, having the hash of the recovery email is in many case sufficient. Asking Apple/Gmail/Microsoft if the hash matches any of their customers covers probably 98% of the population. Billions of emails are also available through breaches, so there is very very high chance that if someone used their personal email, it's either with one of the big providers, or it has been leaked before. If it's not, and you used a private provider with no data, then there is no problem even if the address is obtained, as that cannot be further used to de-anonymize you.