It’s not really about what the components are capable of but a question of the protocols supported by the gear and, you seem to be confusing the two. Coax is a type of wire while USB is a protocol. Coax cable is used in various aspects of audio applications but most commonly for consumer audio applications it was the wire specified for the S/PDIF protocol. It’s that protocol which limits the data rate, not the cable. For example, stereo 24/96 has a data rate of roughly 2.2Mbps but coax cable is routinely used by cable companies for data rates up to 1Gbps.I don't know much about electronics, but one thing I find confusing is how some component inputs are capable of certain metrics, and others are different. But they are both connected by a wire. For example, some coax is capable of 96khz, but usb is capable of more.
Cheap coax can easily handle 400-500Mbps, way more than any audio format requires. Even uncompressed 6 channel surround 24/192 would only require about 26Mbps. Again, the limit is set by the protocol.And further, even if a vendor makes a better quality coax cable, it still can only transfer the same amount of date as the lesser coax cable on the same device.
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