It’s possible, but based on my personal experience, it’s inadvisable. As soon as I was able to eliminate all 32-bit VST plugins, my Cubase setup became 100% stable, as in, it hasn’t crashed even once since then. Based on user reports, if you really, really have no alternative to a particular 32-bit plugin, then the best results are apparently found with 3rd-party solutions such as VE Pro or jBridge.