Quoting from “YouTube is (finally) Coming to Horizon Home Making it Easier to Watch with Friends”:
Meta announced that Quest users will soon be able to watch YouTube content inside Horizon Home, the first-party social VR space that’s finally making it easy to hang out in VR with friends.
This article is a year old. Is that feature already there and I‘m just not seeing it?
How does it compare to vrchat?
It doesn’t. It’s just a launcher/lobby.
As Mozingo pointed out, Horizon Home isn’t the same thing as Horizon Worlds. Home is just the home environment where you launch games or people pop up when you’re on a call.
Ooooh my bad!