With every recurring meeting no matter the frequency you have to be quite careful in my opinion and constantly re-evaluate and tweak to keep it useful most of the time, instead it being a dogmatic ritual that has to be done a specific way because somebody learned it as such from an "Agile" book, certificate, course, video.
People rarely understand the point of agile and, specifically, standups. Using it as a daily check in, especially as status updates, is contrary to agile's intentions. The real purpose is to make sure that people on the team frequently expose problems. If people are already doing that consistently, then standup as a practice is fairly moot.
I think there is an useful status update component to standups. Not to your boss, to have a shared view among the team what the state of the product is. But this has to be aligned with how fast to product is meaningfully changing. Some times this might indeed be daily, but otherwise it quickly becomes just noise.
Of course some managers think the product has to or can meaningfully change every day.
I agree, that if you do them you should make them about exposing problems.