As the mod's description explains, you can indeed have Skyrim running at 60fps without sacrificing Trophy functionality. You read the headline correctly, by the way.
The mod's author, MrWright, has posted a brief rundown of how it works over on YouTube, and it's safe to say that Skyrim has never ran better on PlayStation consoles. And just like that, someone's created a mod for The Elder Scrolls V: Skyrim - Special Edition that makes the game run at 60 frames-per-second on PS5 (and PS4, kind of).