The author doesn't fully justify the assertion but it does have sound basis.

While virtual memory allocation does not require physical allocation, it immediately runs into the kinds of performance problems that huge pages are designed to solve. On modern systems, you can burn up most of your virtual address space via casual indifference to how it maps to physical memory and the TLB space it consumes. Spinning up thousands of stacks is kind of a pathological case here.

10µs is an eternity for high-performance software architectures. That is also around the same order of magnitude as disk access with modern NVMe. An enormous amount of effort goes into avoiding blocking on NVMe disk access with that latency for good reason. 10µs is not remotely below the noise floor in terms of performance.