Shappy 1 Inch Shimmer Sheer Organza Ribbon, Rainbow Colors (50 Yard)

How does this feel to the touch?

Does this ribbon have a wire edge?

I need a ribbon to thread thru an empire waist to make it fitting, would this work?

Does this ribbon fray when cut? (maybe all do?) I read on others that you have to treat the edge that's cut to prevent it from fraying.