It does. Apple provides all AU hosts ability to run Rosetta2 AUs in native DAWs
See here for why that doesn't scale to serious productions with high track count:
It didn't support it during the 32/64 bit transition, don't know about Intel to ARM. Of course even if Logic does it, there's the other DAWs.
VST2 is probably doable - what I use to run Windows VST2s on Linux is something similar with an out of process wrapper - but I can see VST3 with its C++ API being a major, major pain in the ass. And even then there are downsides. Running plug-ins out of process has significant context switching overhead. It's fine for one or two or half a dozen, but compare running 50 plug-ins in process and out of process and you'll notice a massive performance difference. You can fight that with larger buffer sizes, but that adds latency.
Doesn't Logic Pro already support this?
Admittedly it does mean the plugin runs in a separate process&thread, requiring IPC to render each chunk of audio through that plugin.