Paul is confident of the future for all believers; there is reconciliation/peace and so no looming judgment; and this is nothing of us but all of His grace. This future state seems to be in his mind in this section of his letter. But it is also for now:
Therefore, since we have been justified through faith, we have peace with God through our Lord Jesus Christ, through whom we have gained access by faith into this grace in which we now stand (Romans 5 v 1-2)
We don’t just receive this act of grace for our future security but we live in it and live out of it; every day is a grace day.
U2 wrote a song called Grace and it finishes with these lyrics:
Because Grace makes beauty
Out of ugly things
Grace finds beauty
Grace finds goodness in everything
Inspiringly challenging. To see God in a fallen yet created world; To see God in a manger; To see God on a cross; these are the starting points of finding and stepping into grace.
Whatever happens today from the moment you rise it is all because of His grace to look upon you, bless you, love you, favour you and He does that through every single thing around you.
The more you understand that every part of your physical world is both the place where God is revealing who He is and where He also hides to be searched for, then you will begin to understand what it is to have accessed by faith into this grace in which you now stand.