Rust has gone back and forth on this. Pre-1.0 versions of Rust had a "green threads" mode. It was removed in favor of OS threads because it wasn't worth the complexity.
Go is a language in which "all functions are async" and it's pretty cool. But it needs a runtime, and interop with C / C++ has some real overhead related to switching to a C-style stack. Rust did not want to make those compromises, it wanted to be appropriate for bare-metal or kernel programming, and for libraries used by big high-performance C++ applications. In these cases, Go's model does not work well.
I personally use Go a lot, it's great for network services and command-line tools, and that's mostly what I do.
I don't think there's anything about Go's concurrency model that precludes bare metal; I think it's just that the maintainers didn't want to support a bare metal runtime. In fact, I recall at least one other project that modified Go's runtime to support exactly this. I'm also not sure how much of the C interop overhead is due to the different stack models and how much is due to GC concerns or other things. But generally I agree with you--in practice Rust is well suited for these types of tasks and Go is not.
Async has come to signify a very specific implementation strategy (i.e. stackless coroutines). Go definitely went in another direction.