Digital audio output via USB

I have a Teac CD player with an "iPod USB" connection on the front. This currently takes the digital audio signal from my iPod touch 4th gen via a 30-pin to USB cable, and uses its own built in DAC to convert it to analogue that then goes into my amp. Will this still work with an iPhone 5 and a lightning to USB cable?

Lightning to USB Cable (1m)

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