Both conventions are valid. You call it binary when you view it as a rooted tree, or ternary if you view it just as a graph.
> I sketch how the stereographic projection of the Stern–Brocot tree forms an ordered binary tree of Pythagorean triples, which can be used to compute best approximations of turn angles of points on the circle and finally trigonometric functions
The permutation and stack problem in the page seem to indicate this is a potential method for approximations, but insufficient for _all_
That said I am reading this on mobile and may have missed something.
345 and 435 would require two binary trees.