Everyday we had one to start the day, and people never talked about their blockers. Some folks would give a super brief overview of what they did and will do. This was fine, but not really interesting to have 5 days a week. But then other folks would give a play-by-play of what they did and how, and what they will do next and how they will do it.
It's like sounding busy was more important than the rest of team's time and sanity.
Personally, I think it's more helpful to just have a daily team 30 minutes scheduled to discuss any important topics, vs specifically to have a status updates. The actual standup function where people prefer updates can happen >= 1 day a week && < 5 days a week