The electro-Fenton (EF) process is a type of electrochemical oxidation process; ·OH radicals are generated on the cathode using electricity and decolorize dye wastewaters. Most studies on EF systems in the past have focused on the operating parameters of this process. In recent years, the influence of electrode performance on the EF process has begun to receive more attention. In this study, direct nitridation was used to prepare titanium nitride powders, which were thereafter coated on an SUS304 stainless steel substrate. The performance of this system in the treatment of rhodamine B dye wastewaters via the EF process was investigated. The experimental methods used in this work include: (1) scanning electron microscopy (SEM); (2) X-ray diffraction (XRD); (3) electrochemical Tafel curves; (4) linear sweep voltammetry (LSV); (5) and cyclic voltammetry (CV). It was shown that high-purity TiN can be formed at nitriding temperatures above 900 °C, and the strength of the (111) crystal plane increases with the increase in nitriding temperature; the TiN coating effectively activates the reactive surface of the electrode owing to its porous structure. In terms of corrosion resistance, the corrosion potential and corrosion current of the TiN 1000 °C/SUS304 electrode were 116.94 mV and 205 nA/cm2, respectively, and the coating had a coating porosity of 0.89 × 10−7. As compared with SUS304 stainless steel, the TiN 1000 °C/SUS304 composite electrode had a significantly greater degree of corrosion resistance and exhibited higher redox activity in LSV tests. This composite electrode could achieve a decolorization rate of 49.86% after 30 min, and 94.46% after 120 min. In summary, the TiN 1000 °C/SUS304 composite electrode is very stable and has excellent decolorization efficacy in the EF process. Our findings will serve as a useful reference for future studies on EF electrodes.