Standing wraps rubbing...?

The veterinary studies that have been done have shown that standing wraps do very little to support the suspensories anyway, so I would remove the wraps to heal the rubs, but discuss it with your vet first. You can cold hose the suspensories to help to reduce pain. The rubs can be gently cleansed with 0.9% sterile normal saline and an ointment like Gordon's EMT or Hydrogel by Farnam can be applied. Vetericyn is also a good product. I'm a big fan of EMT, and it is available at tractor and farm supply stores or online. These sores can become infected, so that risk should be weighed against the benefit of using the standing wraps.