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Yes it is and fully immune to jitter too! John F.
Thank you for your reply. I just noticed something about the Chord Mojo and the Hugo.
Do they play FLAC files ripped from CDs, and MP3 files? The Mojo manual says for the USB input, "1 x micro USB capable of 44KHz to 768KHz". (I think that should say 44.1KHz actually.)
Please anyone else chime in.
Yes, FLAC, WAV, PCM, MP3, etc. are decoded by the transport hardware (generally a cellphone or DAP, in this instance) and then sent over the digital connection to the Mojo, which will play the decoded stream very happily.