Catalytic hydrolysis of NaBH4 is a promising method for "on-demand" hydrogen generation, with cobalt catalysts playing a key role due to their high hydrogen generation rates. However, rapid cobalt dissolution and poor recycling hinder stable hydrogen production. This study presents a dual-mode stabilization technique using carbon nitride encapsulation to address these challenges. Co0.8Ni0.2 alloy nanoparticles (NPs) are confined within N-doped mesoporous carbon spheres (NDMCS) and encapsulated with a carbon nitride shell (∼ 5 nm thick). XPS results reveal strong non-classical metal-support interaction, increasing activation energy from 38.82 to 44.6 kJ mol−1, which controls cobalt's reactivity, leading to excellent recycling efficiency (90 % retention of initial rate, no change in particle size) in high-concentration reactants (2 %NaBH4 + 2 %NaOH). The retention rate drops to 26.8 % without this stabilization due to rapid metal dissolution. This stability of Co0.8Ni0.2 alloy in alkaline conditions has significant practical implications for hydrogen generation and other electrochemical applications.