diff --git a/dialoptions.go b/dialoptions.go
index 025cca665243..69f2f52d114b 100644
--- a/dialoptions.go
+++ b/dialoptions.go
@@ -76,7 +76,7 @@ type dialOptions struct {
 	defaultServiceConfig        *ServiceConfig // defaultServiceConfig is parsed from defaultServiceConfigRawJSON.
 	defaultServiceConfigRawJSON *string
 	resolvers                   []resolver.Builder
-	useBytesPoolForParser       bool
+	useSharedRecvBuffers        bool
 }
 
 // DialOption configures how we set up the connection.
@@ -637,7 +637,7 @@ func WithResolvers(rs ...resolver.Builder) DialOption {
 	})
 }
 
-// WithUseBytesPoolForParser returns a DialOption that specifies whether to use
+// WithSharedRecvBuffers returns a DialOption that specifies whether to use
 // a bytes pool for parsing. Setting this to true will reduce the memory allocation
 // in the parser.
 //
@@ -645,8 +645,8 @@ func WithResolvers(rs ...resolver.Builder) DialOption {
 //
 // Notice: This API is EXPERIMENTAL and may be changed or removed in a
 // later release.
-func WithUseBytesPoolForParser(useBytesPoolForParser bool) DialOption {
+func WithSharedRecvBuffers(ok bool) DialOption {
 	return newFuncDialOption(func(o *dialOptions) {
-		o.useBytesPoolForParser = useBytesPoolForParser
+		o.useSharedRecvBuffers = ok
 	})
 }
diff --git a/rpc_util.go b/rpc_util.go
index 821489ad1bb3..007c62a2d10f 100644
--- a/rpc_util.go
+++ b/rpc_util.go
@@ -542,8 +542,8 @@ type parser struct {
 	// https://github.com/grpc/grpc/blob/master/doc/PROTOCOL-HTTP2.md
 	header [5]byte
 
-	// useBytesPool indicates whether to use bytes pool to allocate
-	useBytesPool bool
+	// useSharedRecvBuffers indicates whether to use shared receive buffers.
+	useSharedRecvBuffers bool
 }
 
 // recvMsg reads a complete gRPC message from the stream.
@@ -577,7 +577,7 @@ func (p *parser) recvMsg(maxReceiveMessageSize int) (pf payloadFormat, msg []byt
 	if int(length) > maxReceiveMessageSize {
 		return 0, nil, status.Errorf(codes.ResourceExhausted, "grpc: received message larger than max (%d vs. %d)", length, maxReceiveMessageSize)
 	}
-	if p.useBytesPool {
+	if p.useSharedRecvBuffers {
 		msg = pool.Get(int(length))
 	} else {
 		msg = make([]byte, int(length))
@@ -768,7 +768,7 @@ func recv(p *parser, c baseCodec, s *transport.Stream, dc Decompressor, m interf
 		return status.Errorf(codes.Internal, "grpc: failed to unmarshal the received message: %v", err)
 	}
 	if payInfo != nil {
-		if p.useBytesPool {
+		if p.useSharedRecvBuffers {
 			if len(buf) != 0 {
 				payInfo.uncompressedBytes = make([]byte, len(buf))
 				copy(payInfo.uncompressedBytes, buf)
@@ -777,7 +777,7 @@ func recv(p *parser, c baseCodec, s *transport.Stream, dc Decompressor, m interf
 			payInfo.uncompressedBytes = buf
 		}
 	}
-	if p.useBytesPool {
+	if p.useSharedRecvBuffers {
 		pool.Put(&buf)
 	}
 	return nil
diff --git a/server.go b/server.go
index a5bd2dbfac7a..0f320070c4dc 100644
--- a/server.go
+++ b/server.go
@@ -174,7 +174,7 @@ type serverOptions struct {
 	maxHeaderListSize     *uint32
 	headerTableSize       *uint32
 	numServerWorkers      uint32
-	useBytesPoolForParser bool
+	useSharedRecvBuffers  bool
 }
 
 var defaultServerOptions = serverOptions{
@@ -553,16 +553,16 @@ func NumStreamWorkers(numServerWorkers uint32) ServerOption {
 	})
 }
 
-// UseBytesPoolForParser returns a ServerOption that sets whether to use a bytes pool
+// SharedRecvBuffers returns a ServerOption that sets whether to use a bytes pool
 // for the parser. Setting this to true will reduce the memory allocation in the parser.
 //
 // # Experimental
 //
 // Notice: This API is EXPERIMENTAL and may be changed or removed in a
 // later release.
-func UseBytesPoolForParser(useBytesPoolForParser bool) ServerOption {
+func SharedRecvBuffers(ok bool) ServerOption {
 	return newFuncServerOption(func(o *serverOptions) {
-		o.useBytesPoolForParser = useBytesPoolForParser
+		o.useSharedRecvBuffers = ok
 	})
 }
 
diff --git a/stream.go b/stream.go
index 57c709e89aec..b46e48f2c8c2 100644
--- a/stream.go
+++ b/stream.go
@@ -490,7 +490,7 @@ func (a *csAttempt) newStream() error {
 		return toRPCErr(nse.Err)
 	}
 	a.s = s
-	a.p = &parser{r: s, useBytesPool: a.cs.cc.dopts.useBytesPoolForParser}
+	a.p = &parser{r: s, useSharedRecvBuffers: a.cs.cc.dopts.useSharedRecvBuffers}
 	return nil
 }
 
@@ -1249,7 +1249,7 @@ func newNonRetryClientStream(ctx context.Context, desc *StreamDesc, method strin
 		return nil, err
 	}
 	as.s = s
-	as.p = &parser{r: s, useBytesPool: ac.dopts.useBytesPoolForParser}
+	as.p = &parser{r: s, useSharedRecvBuffers: ac.dopts.useSharedRecvBuffers}
 	ac.incrCallsStarted()
 	if desc != unaryStreamDesc {
 		// Listen on cc and stream contexts to cleanup when the user closes the