The Edge web browser is the default browser for S Mode, and Microsoft argues that it’s faster than Chrome or Firefox for browsing.
It’s a reasonable claim that if it doesn’t have to load the full bloat of Windows 10, it will start up faster than full Windows 10. Microsoft also says the Windows 10 S Mode has greater speed. Basically, if it’s an administrator-level tool, it’s not in S Mode, making it that much harder to hack. Working in PowerShell, CMD, and tweaking the Windows Registry is also stripped out of Windows 10 in S Mode for greater security. That report is 3 years old, so it’s up for debate. Microsoft is clinging on to the 2017 NSS Labs Web Browser Security Report stating that Edge is more secure than Chrome or Firefox. S Mode also uses the Microsoft Edge browser as the default web browser, and it cannot be changed.