I would hold my horses on xfs being unsupported claim. They explicitly said any modern file system with xattr is supported. XFS does fit that description. OP has drawn his own conclusions from the Dropbox reply.
>The supported file systems are NTFS for Windows, HFS+ or APFS for Mac, and Ext4 for Linux.
>A supported file system is required as Dropbox relies on extended attributes (X-attrs) to identify files in the Dropbox folder and keep them in sync. We will keep supporting only the most common file systems that support X-attrs, so we can ensure stability and a consistent experience. (emphasis mine)[1]
XFS may support xattrs but that doesn't mean that Dropbox officially supports it. They are pretty clear on ext4 being the only supported filesystem.
[1]https://www.dropboxforum.com/t5/Syncing-and-uploads/Linux-Dr...
Edit: added link to the proper comment in the Dropbox thread