After updating to Catalina 10.15.4 beta with Xcode 13.4 beta, which also updated Simulator to 13.4 (921.4).
The application compiles and runs correctly on a physical
None of the other solutions here worked for me. In my case, the problem was fixed by searching my project for ONLY_ACTIVE_ARCH and changing them all to YES. I found my solution here:
https://developer.apple.com/forums/thread/656509