Author here, that's a good idea. A straightforward way to exploit an implementation differential like this is if you have a software system that contains two different implementations of IDNA 2003 processing user input. One part of the process processes the domain correctly, the other incorrectly, and in this case you can have one part of a system (such as a policy/filter) "see" the data one way and the other part of the system (such as, taking an action as a result of the data) see the data in another way.

Server-side Request Forgery (SSRF) is an example of such an exploit targeting a differential in implementations of URL parsers, which is similar to this implementation difference.

It creates a parser differential; two different components of the system can treat the same string as different hostnames. Things that have trusted hostnames, or privileged/admin hostnames that are screened out, or SSRF filters all depend on accurately comparing presented hostnames.

I'm too lazy to investigate further but my guess is that if there is a vulnerability here it has something to do with dns name spoofing.