I suppose it could vary depending on how the equipment is designed, but from what I’ve read a balanced connection is the preferred digital connection in general unless you have i2S as an option.
XLR is designed for long cable runs and noisy environments. Like concerts with tons of gear and cables. Or recording studios. I’d say it depends how your equipment is designed. If it is fully balanced internally, then, obviously, use XLR in order to avoid balanced to unbalanced conversion and back. However, if equipment is not balanced, then RCA may be better choice since why convert RCA - XLR - RCA back again? The fewer conversions, the better.
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