I have Xcode 12.3 on MacOS Catalina 10.15.7 on an iMac.
I rebooted the Mac after installing Xcode and updated the project to the new settings proposed by Xcode.
All tests on iPhone 12 Pro Max simulator iOS 14.3.
I do no not experience the exact same problems, but some others:
=> As TabBar is translucent that may be a normal behaviour, but different from Xcode 12.2 / iOS 14.2
In a view, I have an alert. The top left and right corners are now fuzzy: on about 30 pixels wide and 80 pixels high (but not uniformly on this whole rectangle), we don't see the alert background but the view that is behind; just as if those parts had ben snacked by some rodent…
=> I file a bug report : Dec 15, 2020 at 6:01 PM – FB8941139
=> I file a bug report : Dec 15, 2020 at 6:10 PM – FB8941145
I tried the Prefer Integrated GPU option: no change.
As a conclusion, I will stay with Xcode 12.2. for the time being.