My impression based on personal experience is that Xenia can suck up nitrates, but this may only apply when all other parameters are ideal, and lighting is superlative.
In my case, I think my Jaubert plenum system was breached which caused a partial cascade failure of anerobic bacteria in the tank. The Xenia then started to grow much faster, but I also believe there is a nitrate limit at which this will backfire, so maybe with something like 10-15ppm max, it may spur additional growth, but possibly at the expense of other organisms which have less tolerance for nitrate spikes.
I would not use Xenia to control nitrates, but they may make a useful "safety net", but this would only be helpful if you have (IMO) MH or other high intensity lighting.