Not really. That would represent the currently (starting somewhere in the 16th century IIRC) popular pronunciation norm (which isn't even the only existing nor the only "correct" one) but would discard some significant semantic value. Roughly like replacing g with j wherever g sounds ⟨ʤ⟩ in English.
That letter came to Belarusian Cyrillic script after the Polish Cyrillic project had been well underway. (They had a letter for that sound before that, of course, but it wasn’t Cyrillic)