The XML tab shows the current message in an XML encoding. The XML encoding will either be in Objective Systems standard XML form (or "OSys-XER" as referred to in the ASN1C Compiler User's Manual) or in ASN.1-standard XER form. This can be selected via the Edit -> Configure command under the Other tab.
The encoding will differ depending on the Tree View. If the Tag View is currently active, then XML element names will be decoded tags (such as "CONTEXT_14"), except for UNIVERSAL tags, which are named for the type (such as "SEQUENCE"). The value of primitive elements will be a hexadecimal string of the encoded value.
If the Element View is active, then XML element names will be the same as shown in the Element View. XML values will be the decoded value of the element.
When a node is clicked in the Tree View, the corresponding line will be highlighted in the XML tab.