As an ex engineer, most of my posts on here have to either help someone with a technical point or challenge the absurdities in some of the claims made for mains cables / speaker cables / interconnects ......
However in the spirit of fairness, there are situations when the design of a USB cable can matter. In fact, it is only when a USB cable is used for async transfer in a design where the DAC is not powered by the USB cable that I would put my hand on my heart and say the cable could have no effect. If anything, the situation can be worse than the pig's ear that is S/PDIF -
1. USB powered DAC - while not exactly HiFi, by my definition, any DAC that is USB powered will be getting its supply down the USB cable. The DAC needs a clean, low impedance supply. Thin conductors, badly shielded construction, poor connector quality could impact this.
2. Synchronous data transfer - Just as with S/PDIF, in this mode the DAC will be deriving its clock from the incoming data stream. Badly shaped pulses, noisy data lines, could lead to an increase in received jitter in the DAC.
So, in any proper USB implementation (DAC not powered from the USB, async data transfer), any USB cable that doesn't fall apart when you plug it should be fine, but if the DAC is USB powered or the DAC derives a clock from the data (sync transfer) the cable could just possibly matter.