Xcode 12.0 beta (12A6159) switched initial git branch name: master to
main. Is there a way how to switch it back or to any other branch name?
DVTSourceControl.framework is responsible for this. The framework is located
in the Xcode-beta.app bundle (Contents/SharedFrameworks). Call
Hopper for help :)
Is there a main string anywhere?

We’re lucky. It’s there and the string is referenced in one place only:

And this place is the +[DVTSourceControlBranch initialBranchName] class method:

The method name is pretty clear, but what it does? Is there a string value stored in user defaults
(key DVTSourceControlDefaultNewRepositoryBranchName)? Yes - use it as an initial branch name.
No - fallback to main.
Git support is provided via the com.apple.dt.Xcode.sourcecontrol.Git XPC service (bundled in
the framework). Let’s try to set the voldemort value in this domain.
% defaults write com.apple.dt.Xcode.sourcecontrol.Git \
DVTSourceControlDefaultNewRepositoryBranchName voldemort
Create a new Xcode project and keep the Create Git repository on my Mac option enabled.

Does it work?
% git status
On branch voldemort
Yep! You can easily switch it back to master or any other branch name.