To produce a pdf, pandoc uses typst, pdfroff, lualatex, whatever you please. There is no particular connection to latex. The idea exhibits complete ignorance.
There was probably a nicer way of expressing this, but yes, ideally I will continue to use Org mode for my documents and substitute typst for LaTex when exporting to pdf.
Pandoc probably uses latex under the hood, and Typst is order of magnitudes faster. Also, much better error messages.
Typst is vastly superior for usage in automation or when developing document classes.
If that's not your use case, don't bother.