Does 127.0.0.1 count as localhost per the consent box?

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Per the docs

Similarly, you cannot skip consent (even for first-party applications) if localhost appears in any domain in the application’s Allowed Callback URLs setting (found in Dashboard > Applications > Settings). Make sure to update Allowed Callback URLs and the callback URL you configured in your application to match the updated domain-mapping.

Does this include 127.0.0.1?