No, swaddle blankets and receiving blankets are not same. Many people use these blankets interchangeably but they are different. Receiving blankets are square or rectangular blankets that are larger in size and can also be used as nursing covers or stroller covers. Swaddle blankets are smaller sized blankets with two wings at its sides. These wings are used to swaddle the baby. One should better buy swaddle blanket if the main purpose is swaddling the newborn.