I did twice a week when I was management: once at the start of a sprint, once on the first Friday where we only identified blockers, and once the following Wednesday where we talked about what can ship and be ready for QA.

The goal was to have a release fully ready on Thursday so Friday could be for emergency bug fixes but most releases are fine. If everything is perfect, great! Everyone go have a three day weekend. If QA catches a bug or two, we fix it and then ship.

If a deadline is gonna slip, just tell me when you know. It’s not usually a big deal.

I found them to be useful because I usee to be in an erratic team where people either get a lot done or drag projects on for years. At least the project draggers had no place to hide when needing to report their project daily.

In my current job we only have these stand-up type meetings once weekly which made a big difference because many people had more interesting things to report and it wasn't some kind of lip service, instead people were genuinely haring progress.

I think you are missing the part where you help others with their blockers.