Being able to adequately convey story plot through the lens of one character is why having a Main Character is such a common way to write fiction. Whether it is written in first person or third-person-limited, focusing on one character allows the reader to form deep connections with the MC. You CAN write from multiple perspectives, but it has a different flavor than a story written with an MC.
In the hands of an experienced, skillful writer, this technique can be used to great effect. (Bram Stoker has already been given as an example; the example I would choose is William Faulkner, or perhaps Robert Jordan.) In the hands of an inexperienced writer, use of this technique will result in a larger cast of characters with shallower reader connections to each character (overall). Your characters will be less developed (since you 'spend less time' with each of them) and also tends to lead to telling, not showing, as you go through the motions of introducing and stating motivations for each new POV character you incorporate. This can also lead to something I call "disaster fatigue", as you try to make narrative conflicts compelling for each character without being repetitive. Unless your story is formed around a singular tragedy/calamity event where the common root of trauma/conflict is understood without stating it outright for each POV character, you run the risk of exhausting the reader with Big Events that you, the writer, feel should connect, but the reader, with shallower understandings, just finds trite.
There is also the very real risk that your story will lose focus because of the larger number of characters, that you will create events and arcs for characters that don't really add anything to the larger story, lose interest in other characters/their development, and not be able to solve narrative problems because you've written yourself into narrative corners or paradoxes. If you want to use this technique because you can't choose which of your OCs to focus on, I would advise you to avoid this technique and work on improving your understanding of the narrative and one character's motivations, and work on showing how they interact with other characters to reveal backstory in a satisfying way.
So, you can use it? No one is stopping you? But as a general statement, writing using this technique can lack clarity, urgency, and concision. Fixing these flaws in editing requires a LOT of rewriting, so it's better to avoid them.