Atomically dispersed Pt clusters and single-site Sn are fabricated together on the coreshell nanodiamond@graphene (ND@G) hybrid support (a-PtSn/ND@G). This unique atomically dispersed Pt clusters can dramatically inhibit the side reactions and present excellent catalytic performance in direct dehydrogenation of n-butane at 450 °C, with >98% selectivity toward olefin products, in comparison with that of Al2O3 supported Pt3Sn alloy nanoparticles (Pt3Sn/Al2O3), due to the efficient utilization of Pt atoms and facile desorption of olefin. The combined results of density functional theory (DFT) calculation, HAADF-STEM and X-ray absorption fine structure (XAFS) results provide substantial insights that Pt clusters can be atomically dispersed and stabilized on the ND@G support by the assistance of single-site Sn species as a diluent agent and by the formation of Pt-C bond between Pt clusters and defective graphene nanoshell.