Sure, but once you involve the kernel and OS scheduler things get 3 to 4 orders of magnitude slower than what they should be.
The last time I was working on our coroutine/scheduling code creating and joining a thread that exited instantly was ~200us, and creating one of our green threads, scheduling it and waiting for it was ~400ns.
You don't need to wait 10 years for someone else to design yet another absurdly complex async framework, you can roll your own green threads/stackful coroutines in any systems language with 20 lines of ASM.