Bluetooth audio bug on Android 12

Welcome to the forum.
Hopefully there’s another codec common to both phone and earbuds. With the earbuds on, paired and connected to the phone, go to

Settings > System > Developer options1 > Bluetooth audio codec

You will see a list of the options supported by the pair of devices (i.e. that they have in common). Make a note of the current setting before changing it.

1 - If you don’t currently use Developer options, see here. Do not adjust these settings unless you know what you’re doing and how to undo what you’ve done.