The idea that wraps cause rust comes from two unresolved issues:
1. Improper tightening of the exhaust system.
2. Allowing the rockers to run dry after heavy rains, parking in a river or driving into open surf.
There is no physical way that wrapping something onto a super hot pipe system attracts moisture from the air and creates a rust environment. Allowing months of condensation dripping out before the cats (around the catless) areas will do it. Driving in heavy rain and not letting the wrap dry out from normal pipe heat will do it. Parking in the middle of the ocean or public swimming pool will do it.