Yes, the official FAQ has been updated with the following:
"What happens to my additional Google services and paid content if I don’t want to pay for Google Workspace premium features?
If you don’t upgrade to a Google Workspace subscription, you will not lose access to other Google Services, including YouTube, Google Photos, and Google Play, nor paid content, including YouTube and Play Store purchases."
Source: https://support.google.com/a/answer/60217?hl=en#zippy=%2Cwha...