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#11
Yes. Fat32 is the lowest common denominator, understood not just by PCs but Macs and most other devices too. There's nothing to stop you reformatting it though, ExFAT would be the next most 'universally accepted' format. A Legacy BIOS PC requires a boot usb to be Fat32 though, so take care when choosing a format.
How-To Geek | What’s the Difference Between FAT32, exFAT, and NTFS?